Coal India (Weekly)
COALINDIA
Technical Analysis
Trend: Long-term sideways after sharp rally.
Structure: Base formation around ₹350 demand zone.
Support: ₹350 → ₹335.
Resistance: ₹410 → ₹447.
Recent Move: Bounce from support — early strength.
Fundamental Analysis
Monopoly-like position in domestic coal supply.
Strong cash flows and very high dividend yield.
Policy & ESG risks in long term.
Earnings stable but growth limited.
Summary: Defensive, high-yield stock with neutral technicals.
#TechnicalViews#FundamentalViews

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