Coal India
The whole rise from Covid lows seems to be corrective . So it is not a chart where one can buy and sleep . One needs to track and trail closely.
As of now, it has completed wave Y and is correcting. 20 WMA and lower level recent trend line is first support ( purple line) i.e. near 223-227.
If that breaks, we can see it going to 207 levels ie. 40 wma as well as an important support (red line)
Weekly Chart
Disclaimer :This post is just an effort for learning few methods of price-patterns. Views are personal. No buy/sell recommendations. These are probability study methods and chances of success/failure depend upon various factors
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