Coal India Retracing with Moderate Downtrend

As long as Price stays below Red TrapZone we are in downtrend.
Watch for Market Trapping buyers every time price pops higher. use UMVD to see this.

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Under Red TrapZone now, may go down soon

Trade closed: target reached:

Will start a Neutral Bias Thread for continuous analysis of this symbol - rather than long and short Ideas. Thank you for your support, follow to get live alerts of latest Technical Analysis.