COALINDIA - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.3
| Stock Code | COALINDIA | Market Cap | 2,85,210 Cr. | Current Price | 463 ₹ | High / Low | 491 ₹ |
| Stock P/E | 15.1 | Book Value | 33.5 ₹ | Dividend Yield | 5.72 % | ROCE | 98.0 % |
| ROE | 97.4 % | Face Value | 10.0 ₹ | DMA 50 | 454 ₹ | DMA 200 | 426 ₹ |
| Chg in FII Hold | 0.16 % | Chg in DII Hold | 0.23 % | PAT Qtr | 5,534 Cr. | PAT Prev Qtr | 4,872 Cr. |
| RSI | 54.0 | MACD | 1.20 | Volume | 11,99,84,084 | Avg Vol 1Wk | 3,27,96,497 |
| Low price | 369 ₹ | High price | 491 ₹ | PEG Ratio | 1.79 | Debt to equity | 0.04 |
| 52w Index | 76.9 % | Qtr Profit Var | 75.7 % | EPS | 30.6 ₹ | Industry PE | 17.1 |
📊 Chart Patterns & Trend: COALINDIA is trending upward after a strong rally from its 369 ₹ low. Current price (463 ₹) is above both 50 DMA (454 ₹) and 200 DMA (426 ₹), confirming bullish alignment. Resistance lies near 480–490 ₹, with major resistance at 491 ₹. Support is seen around 450–455 ₹. Trendlines suggest continuation of the uptrend with strong momentum.
📈 Moving Averages: Price above both 50 DMA and 200 DMA indicates strong bullish momentum.
📉 RSI: At 54.0, RSI is neutral to bullish, leaving room for further upside.
📈 MACD: Positive (1.20), confirming bullish momentum.
📊 Bollinger Bands: Price is near the upper band, suggesting strong buying pressure with potential short-term consolidation.
📊 Volume Trends: Current volume (11,99,84,084) is significantly above the 1-week average (3,27,96,497), showing strong participation supporting the rally.
💡 Momentum Signals: Bullish bias. A breakout above 480–490 ₹ could trigger upside toward 500–510 ₹, while support lies near 450–455 ₹.
🎯 Entry Zone: 450–455 ₹ (support region).
🎯 Exit Zone: 480–490 ₹ (resistance region; extended target 500–510 ₹).
📌 Status: Trending upward with bullish bias.
Positive
✔ EPS of 30.6 ₹ supports valuation strength.
✔ Exceptional ROCE (98.0%) and ROE (97.4%).
✔ Dividend yield of 5.72% provides strong investor returns.
✔ Debt-to-equity ratio of 0.04 indicates negligible leverage.
✔ Quarterly PAT growth (5,534 Cr. vs 4,872 Cr.) highlights earnings momentum.
✔ Institutional confidence with FII (+0.16%) and DII (+0.23%) inflows.
Limitation
⚠ RSI at 54.0 is neutral, not strongly bullish.
⚠ PEG ratio of 1.79 indicates growth is fairly priced.
⚠ Resistance near 491 ₹ may limit upside in the short term.
Company Negative News
⚠ No major negative news, but valuation premium and resistance near 491 ₹ remain risks.
Company Positive News
✔ Strong quarterly PAT growth (+75.7% variance).
✔ Dividend yield of 5.72% adds investor appeal.
✔ Institutional inflows reflect confidence in fundamentals.
Industry
🏭 Coal and energy sector benefits from strong demand and government support for energy security.
📈 Industry PE (17.1) slightly higher than COALINDIA’s PE (15.1), suggesting undervaluation relative to peers.
Conclusion
📌 COALINDIA is trending upward with strong bullish momentum, supported by fundamentals and technicals. Entry near 450–455 ₹ offers favorable risk-reward, while exits near 480–490 ₹ are prudent unless momentum drives a breakout toward 500–510 ₹. Long-term investors may benefit from high dividend yield and efficiency metrics, while traders should monitor resistance levels for breakout confirmation.
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