{"id":262682,"date":"2019-03-06T06:15:35","date_gmt":"2019-03-06T06:15:35","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=262682"},"modified":"2019-03-06T06:22:37","modified_gmt":"2019-03-06T06:22:37","slug":"coal-india-hits-over-2-month-high-chart-suggests-more-upside","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/coal-india-hits-over-2-month-high-chart-suggests-more-upside\/","title":{"rendered":"Coal India hits over 2-month high; chart suggests more upside"},"content":{"rendered":"<p>Shares of Coal India Ltd gained as much as 2.5 per cent to Rs 238.5, their highest since January 3.<\/p>\n<p>The stock has broken above a resistance at Rs 236.3, the 23.6 per cent Fibonacci retracement level of the downtrend from the February 27, 2018, high to the February 14, 2019 low.<\/p>\n<p>The break-out is supported by volume, as the five-day average volume is about double the 30-day average volume.<\/p>\n<p>The stock closed at Rs 240.30, up Rs 7.90 (+3.40%) on the BSE.<\/p>\n<p>The breakout suggests that in the near term, the stock may rise up to the next resistance at Rs 251.7, the 38.2 per cent retracement level.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Coal India Ltd gained as much as 2.5 per cent to Rs 238.5, their highest since January 3. The stock has broken above a resistance at Rs 236.3, the 23.6 per cent Fibonacci retracement level of the downtrend from the February 27, 2018, high to the February 14, 2019 low. The break-out is supported by volume, as the five-day average volume is about double the 30-day average volume. The stock closed at Rs 240.30, up Rs 7.90 (+3.40%) on the BSE. The breakout suggests that in the near term, the stock may rise up to the next resistance [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-262682","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/262682","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=262682"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/262682\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=262682"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=262682"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=262682"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}