COALINDIA - 20% MORE DOWNSIDE?
COALINDIA has beee one of the best performers
the stock is at the cusp of a strong support visible from accelerated trendline drawn from lows of 2022.
The stock has strong support at 350- 340 zone
now, the accelerated trendlines usually when broken indicates more downside hence a break below this low of accelerated trendline stock can further slip to its long term support trendline drawn from lows of 2020.
Keep an eye out if you have Coal India in portfolio
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