Friday, May 10, 2013

0003CoalIndia10thMay2013 – A long black candle

Its been a long black candle and the scrip almost touched the support zone of 296-297. The scrip started at 310 but quickly scaled down to 299, a 10 point decrease. We can expect a play at this level for couple of sessions to come up again to 310 level. Its a good time to buyin.

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