Coal India : Getting ready for a move up?

COAL INDIA: Coal India registered a Kumo Breakout in today’s session. The KS is pointing up and future cloud is positive. CS is free, these are early indication of trend change. RSI bouncing from the 60 levels further pumps up the analysis. However the entries can be refined at 202 – 203 levels, the next resistance levels are placed around 224. Below 198 the analysis is negated.