COALINDIA - Falling Wedge PATTERN BREAKOUT [ BUY SIDE ]

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COALINDIA - Falling Wedge PATTERN BREAKOUT [ BUY SIDE ]Coal India Ltd.NSE:COALINDIAData2Dreams1. RSI, Supports & Resistances: RSI (2025-11-14): 52.43 (This means the stock is in a balanced zone—neither overbought nor oversold, indicating moderate strength) Current Price: ₹386.95 Support Levels: Support 3: ₹386.30 Support 2: ₹386.00 Support 1: ₹385.60 (These levels may provide buying interest and potential price recovery if the stock declines) Resistance Levels: Resistance 1: ₹387.05 Resistance 2: ₹387.60 Resistance 3: ₹387.90 (Areas where the price could face selling pressure and potentially pull back) Volume Ratio (last 20 days): 53.55% (Shows increased trading activity compared to the past, but not excessively high) 2. Fibonacci Retracement Levels: Used for identifying potential reversal zones during corrections or rallies. 23.6% retracement: ₹219.77 38.2% retracement: ₹281.64 50.0% retracement: ₹331.65 61.8% retracement: ₹381.66 78.6% retracement: ₹452.86 3. Moving Averages: Help identify trend direction and strength across various periods. EMA (Exponential Moving Average): EMA5: ₹384.12 (very recent trend) EMA9: ₹383.51 EMA20: ₹384.39 EMA50: ₹385.78 EMA100: ₹387.16 EMA200: ₹392.73 (long-term trend) SMA (Simple Moving Average): SMA5: ₹384.16 SMA9: ₹380.56 SMA20: ₹385.86 SMA50: ₹387.96 SMA100: ₹385.75 SMA200: ₹386.30 How to Use These Levels: If price dips, monitor the support and Fibonacci levels for potential bounces. On a price rise, watch the resistance levels for possible reversals. If price is above most moving averages, the trend is generally considered strong; below most averages may indicate weakness. RSI above 70 = overbought, below 30 = oversold. In short: Current price is right around the short-term moving averages, suggesting consolidation. RSI is neither overbought nor oversold—reflecting neutral to moderate strength. Watch resistance around ₹387–₹388 and supports near ₹385–₹386. Volume is moderately elevated, showing some trading interest, but not excessive activity. I am not a SEBI-registered investment advisor. The information provided here is for educational and informational purposes only and should not be construed as financial or investment advice. Please do your own research or consult with a SEBI-registered financial advisor before making any investment decisions. Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.