COal India - at imp support. Rally or trend break

COAL INDIA LTD (NSE:COALINDIA)

Updated

NSE:COALINDIA COAL INDIA LTD

indicator

Coal India is back to its major support on the renko 15 min timeframe
This has been the supporting structure since mid july
Watching for rally or trend break. Trend followers may take a small SL long

Comment:

Coal India broke below the support structure yday (22nd sep). Closer to 235 will be a good risk reward point for shorts

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