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Technicals for Coal India Limited
By MusingTheNews
2025-04-25 20:29
Overall Technical outlook
Price Summary
Coal India Limited's stock began trading at 400.3 on 2025-04-25, soared to 404.0, dipped to 389.65, and finished the day -1.79% down at 393.15, with 7334690 shares exchanged. Over the course of 52 weeks, the stock peaked at 540.4 and hit a low of 354.2. The future price of COALINDIA is anticipated to range from 335.0 to 585.0, with an expected mean price of 460.375, according to the recommendations of 24 analysts.
Technicals
Support and Resistance: The current price sits at 393.15, supported at 377.9 and capped by resistance at 393.65. These levels define a range for COALINDIA where the price might stabilize, with 377.9 as a floor and 393.65 as a ceiling. Support/Resistance for COALINDIA
Aroon: The AROON is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Aroon chart for Coal India Limited
Bol. Bands: The BOLL BANDS is in a neutral stance for COALINDIA, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Bolinger Bands chart for Coal India Limited
Parabolic SAR: The PSAR for COALINDIA maintains its bullish outlook, setting a strong support level that could underpin further gains. This suggests that the market is likely to continue its upward trajectory, with the established support providing a safety net for ongoing bullish momentum. Parabolic Stop and Reverse chart for Coal India Limited
Stochastic: The K-line has dipped below the D-line on the stochastic indicator while staying above 80, indicating that a bearish price move may be imminent. This pattern suggests that the market's upward momentum is faltering for Coal India Limited, which could result in a reversal. Investors should pay attention to this potential change in trend. Stochastic chart for Coal India Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Tripple SMA chart for Coal India Limited
Before focusing on a company's technical data, such as stock price movements, it's essential to analyze its fundamentals. These include factors like profitability, cash flow, and debt management. Additionally, considering the broader industry landscape—including market trends, competition, and regulatory changes—offers deeper insights. This comprehensive approach allows for a more meaningful interpretation of the company's technical indicators, providing a clearer picture of its financial health and future prospects.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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