IIT-Trader

COALINDIA--Bearish gap be filled @246??

Long
NSE:COALINDIA   COAL INDIA LTD
COALINDIA Observations:

----->The previous resistance level of 234 is once again proving to be a hindrance, although buyers have managed to push the price up.
It's advisable to stay in a long position until the price drops below 225.
If you're looking to invest, consider going long with target prices set at 240 and 246.
As we are currently in an uptrend, it's expected that the resistance at 234 will soon be broken.


IIT Trader
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