COALINDIA - Bullish Engulfing at resistance turned to support

١٩ مايو ٢٠٢١

Note: This is for educational purpose only. Please do not trade in F&O based on this.

There seems to be a bullish engulfing at resistance turned support. This seems like a pullback as the volumes reduced while price came down to support. Moreover, RSI is at 66 which indicates bullish momentum.

SL: ₹140.