Coal India Limited – Company Overview
Coal India Limited (CIL) is India’s largest coal-producing company and one of the biggest coal mining companies in the world. The company plays a crucial role in supplying fuel to India’s power sector, especially thermal power plants, which are its largest consumers. Due to government ownership, Coal India is considered a stable PSU stock with consistent demand, strong cash flows, and a reliable dividend-paying track record.
Coal India shares are popular among investors because they offer a combination of defensive strength and attractive dividend yield. During periods of market volatility, PSU stocks like Coal India often show relatively stable price behavior. From a technical perspective, the current short-term price action is providing several important trading signals.
Coal India Share price Chart Overview (15-Minute Time Frame)
The attached chart represents COALINDIA on a 15-minute timeframe (NSE), clearly showing recent intraday price movements. The stock is currently trading around the ₹431–432 zone.
Key observations from the chart include:
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A sharp upside move from near ₹440
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Profit booking after the rally, followed by a mild pullback
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Price currently moving within a narrow consolidation range
This structure is very important for short-term traders, as the next directional move is likely to emerge from this consolidation phase
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Coal india Important Support Levels
Support Zones
- 430
- 425
- 418
Coal india Important Resistance Levels
Resistance Zones
- 435
- 440
- 448
What Could Happen in Tomorrow’s Market?
Buy Zone: ₹432–435
Targets:
-
₹440
-
₹445
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₹448 (extended target)
Stop Loss: ₹427 (strict intraday stop loss)
Sell Zone: Below ₹424
Targets:
-
₹420
-
₹417
Stop Loss: ₹430
Final Conclusion
Coal India’s 15-minute chart is currently in a bullish consolidation phase. As long as the ₹425–428 support zone holds, a buy-on-dips strategy remains favorable. A breakout above ₹435 could lead to positive momentum in tomorrow’s trading session.
Disclaimer
This content is only for educational purposes. We are not a SEBI-registered firm, so do not take this as investment advice. Before making an investment, consult your financial advisor.