Coal India technical analysis

According to the latest Pivot data, Coal India’s immediate technical levels for the selected time period 5 minutes indicate key support and resistance zones that traders should closely monitor. The pivot point is positioned at ₹386.42, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹389.34, ₹394.42, and ₹397.34, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹381.34, ₹378.42, and ₹373.34, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Coal India’s price movement.