Pratin

COAL INDIA:TECHNICAL VIEW

Short
BSE:COALINDIA   COAL INDIA LTD.
3
Trading is all about listening to the messages that market gives us by clues. The price is trading near the Dynamic support level and made a clear breakout. Even though we cannot consider it as clear sell signal as it has some other strong support of 100% of last down trend.Wave principle is extremely subjective and we have to keep all possibilities in mind during trading. If price fails to pull back from the current level than the 240 target is very much anticipated at or near the time support of 707 days.

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