Coal India Ltd - 14.06.2021

Coal India Ltd - 14.06.2021

The stock has made an intraday low of 155.55 today breaching below the low of 156.65 (11.06.2021)

there is a macd bearish divergence which needs a confirmation when prices go below 155

there is a head & shoulder formation in daily chart with neckline @ 153 and low of head is 123

the macd bearish divergence will be void if the prices go above 167

watch out

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