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COALINDIA NEWS why is Coal India Limited price falling or rising

COALINDIA NEWS reasons for why stock price of Coal India Limited is falling or rising

COALINDIA Coal India is falling or rising technical reasons

Technical analysis forecast for Coal India Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Coal India COALINDIA at this time. Stock is falling and might fall more.

It appears as if Coal India COALINDIA gave a large move recently.

Stock of Coal India (COALINDIA) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Coal India is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Coal India stays below 228.1, but if it comes above 228.1, then a intra day buy could be more profitable.
If you take a sell trade below 228.1, then use 228.1 as stoploss and 221.1 as target. However if you take a buy trade in Coal India, then use 228.1 as stoploss and 233.98 as target.

COALINDIA Coal India is falling or rising NEWS fundamental reasons

Govt gets Rs 4,185 cr through 3% stake sale in state-run Coal India The government has mopped up Rs 4,185 crore through a three per cent stake sale in state-run Coal India. The holding of the government has come down to 63.13 per cent in the coal producer after the offer-for-sale (OFS), CIL said in a stock exchange filing. - NEWS as on 2023-06-05 business-standard.com

Company Announcement Coal India Limited has informed the Exchange about Copy of Newspaper Publication - NEWS as on 2023-06-02

Coal India OFS retail book subscribed 1.4x a day after QIP garnered 1.6x Bulk of bids came at around Rs 226 against base price of Rs 225, in first major disinvestment in FY24 - NEWS as on 2023-06-02 business-standard.com

Company Announcement Coal India Limited has informed the Exchange regarding 'Price revision of High Grade(G2-G10) Non-coking coal'. - NEWS as on 2023-05-31

Company Announcement - NEWS as on 2023-05-24

Company Announcement Alka Shekhar under Secretary to Government of India, Ministry of Coal (CA Section) has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Reg - NEWS as on 2023-05-10

Company Announcement Coal India Limited has informed the Exchange regarding 'Presentation made by Company '. - NEWS as on 2023-05-08

Company Announcement Coal India Limited has informed the Exchange regarding Change in Director(s) of the company. - NEWS as on 2023-05-04

Company Announcement Coal India Limited has informed the Exchange regarding 'Provisional Production and Off-take Performance of CIL and Subsidiary Companies - NEWS as on 2023-05-02

More announcements and NEWS

COALINDIA Coal India Limited current price & indicator signals

Moving Averages for Coal India Limited

  • 5Day Average: 228.79
  • 12Day Average: 234.87
  • 20Day Average: 236.86
  • 50Day Average: 231.55
  • 100Day Average: 225.13
  • 150Day Average: 226.64
  • 200Day Average: 227.59

COALINDIA Indicators & signals

Indicator MACD (12,26,9)

232.71, 233.99, 0.59
Indicator MACD is in negative zone

Indicator ADX (14)

17.28, 18.04, 25.57
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 47
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of COALINDIA Coal India Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
09 Fri Jun 2023 227.65 227.35 to 229.45 -0.2% 0.31 times
08 Thu Jun 2023 228.10 227.65 to 231.40 -1.13% 0.51 times
07 Wed Jun 2023 230.70 228.10 to 231.50 1.27% 1.31 times
06 Tue Jun 2023 227.80 226.75 to 230.65 -0.83% 0.81 times
05 Mon Jun 2023 229.70 229.45 to 231.20 -0.52% 1.19 times
02 Fri Jun 2023 230.90 228.10 to 233.40 0.24% 2.18 times
01 Thu Jun 2023 230.35 229.15 to 231.90 -4.52% 2.13 times
31 Wed May 2023 241.25 239.30 to 247.90 -1.25% 0.94 times
30 Tue May 2023 244.30 243.30 to 247.15 -0.73% 0.28 times
29 Mon May 2023 246.10 240.80 to 247.65 1.9% 0.48 times
26 Fri May 2023 241.50 239.10 to 242.45 0.6% 0.16 times
25 Thu May 2023 240.05 237.90 to 242.20 -0.39% 0.23 times

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