COAL INDIA
- COAL (I) facing 50% fibonacci retracement support around 333, will favor bears once closes and stays below 333. If falls then will find next support around 311 its golden ratio support.
- Stock is moving in a down channel formation, as long as moving in down channel formation bears will be favored.
- Chart also indicates stock coming down from 50 DMA, as long as trades below bears will be favored.
- Nse trading tips.
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