COALINDIA - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 19 Sept 25, 2:16 pm

Technical Rating: 4.1

Here’s a detailed technical analysis of COALINDIA

📊 Trend Overview

Current Trend: Consolidating with bullish undertone

Price is hovering between 50 DMA (₹387) and 200 DMA (₹396), indicating a tight range and indecision.

RSI at 56.5 is neutral-to-bullish, suggesting mild upward momentum.

MACD at 3.70 is positive, confirming a bullish crossover.

📈 Technical Indicators

Moving Averages

Price (₹393) > 50 DMA (₹387) but < 200 DMA (₹396): Short-term bullish, medium-term resistance

RSI (56.5)

Neutral zone, leaning bullish. No overbought signal yet.

MACD (3.70)

Positive crossover. Momentum is building.

Bollinger Bands

Price near middle band, indicating low volatility and consolidation.

Volume Trends

Current volume (60.7L) > 1-week average (49.2L): Accumulation phase

Suggests renewed interest and potential breakout setup.

🔍 Short-Term Momentum Signals

Bullish Bias

MACD and volume support continued upside.

RSI suggests momentum is healthy but not overheated.

Strong ROE/ROCE and zero debt add fundamental strength.

📌 Support & Resistance Zones

Level Price (₹) Commentary

Support 1 387 50 DMA, short-term base

Support 2 375 Previous swing low

Resistance 1 396 200 DMA, key breakout level

Resistance 2 420 Psychological barrier

Resistance 3 455 Medium-term target

🎯 Entry & Exit Zones

Optimal Entry: ₹385–₹390 (on dips near 50 DMA)

Exit Zone: ₹420–₹455 (partial profit booking)

Aggressive Target: ₹480+ if breakout above ₹455 sustains

🧭 Summary

Trend: Consolidating with bullish undertone

Momentum: Strengthening, supported by MACD and volume

Outlook: Favorable for swing trades; breakout above ₹396 could trigger next rally

Valuation: Reasonable P/E (14.2) vs industry (11.4), high dividend yield (6.74%), strong fundamentals despite recent PAT dip

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