COALINDIA

Coal India is currently trending after the stock witnessed selling pressure following weak volume guidance for Q4, which triggered profit booking in the counter. The stock declined around 2.3% after reporting lower-than-expected volume growth guidance, raising concerns about near-term earnings visibility. The company is now trading significantly below its recent highs, and the market is closely watching upcoming results and management commentary. My Take (Simple Market View) Coal India remains a fundamentally strong PSU play, but the recent decline suggests short-term caution. The stock is approaching an important support zone, and price action around this level will be crucial for the next directional move. Key Levels to Watch: Support: ₹362 – ₹378 Resistance: ₹415 – ₹435 Bias: Sideways to mildly bearish in the short term