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BHARAT COKING COAL LTD (BHARATCOAL) — Technical Setup
₹30.34 +2.12% Weak Downtrend Normal Volatility Bearish
Summary
BHARAT COKING COAL LTD is in a weak downtrend on the daily chart. RSI(14) is 42.7, MACD is below its signal line, ADX reads 16 (weak trend). Volume in the latest session was 0.5× its 20-day average. Over three months it has underperformed the Nifty 50 by 6.8 percentage points. Nearest support is ₹29.74 and resistance ₹30.60. Its technical score is 25/100 (bearish).
🧮 How the 25/100 is built
Five components, 20 points each. Every rule is shown with the points it earned — the score describes the chart as it stands today; it is not a prediction.
- Close above 20-day EMA (-2.10)0/3
- 20-day EMA above 50-day EMA0/3
- 50-day EMA above 200-day EMA0/3
- Close above 200-day SMA0/3
- SuperTrend (10,3) pointing up0/3
- ADX ≥ 20 with +DI above −DI (trend has strength) (16.30)1/3
- Weekly trend up (above a rising 30-week average)0/2
- RSI(14) in the bullish zone (55-70 best) (42.69)2/6
- MACD line above its signal line0/4
- MACD line above zero (-0.66)0/3
- 12-day rate of change positive (-7.36)0/3
- Stochastic %K above %D0/2
- Outperforming the Nifty 50 over 3 months (-6.82)0/2
- On-balance volume rising over 20 sessions5/5
- Chaikin Money Flow (20) positive (-0.07)0/5
- More volume on up days than down days (20 sessions) (3.34)5/5
- Close above 20-day VWAP (-3.38)0/5
- Daily range (ATR%) contained — ≤2.5% scores full (3.02)4/6
- Price in the upper half of its Bollinger Bands (0.29)2/5
- Shallow drawdown from the 52-week high (-32.71)1/5
- Volatility contracting (20-day volatility below its 6-month median) (54.40)0/4
- Room to the next resistance (≥8% scores full) (0.86)0/5
- Support close below (a tight, definable stop) (1.98)5/5
- Broke above a 20-day high in the last 5 sessions0/5
- Within 5% of the 52-week high (-32.71)0/5
🧭 Regime: Weak Downtrend
Normal Volatility — Bollinger width is in the 38th percentile of the last six months.
Suits: Defensive. Price is below its averages. Oversold bounces happen, but the path of least resistance is lower — wait for a base.
Classified from ADX, the 20/50-day EMA stack and price's distance from the 50-day average; volatility from band-width and ATR expansion.
Opens the AI Backtester with the SuperTrend (10,3) rules for BHARATCOAL — supertrend (10,3) flips to an uptrend.
🕰️ Multi-timeframe
| Timeframe | Trend | RSI (14) | MACD hist. |
|---|---|---|---|
| Monthly | — | — | — |
| Weekly | ▼ Bearish | 46.15 | -0.43 |
| Daily | ▼ Bearish | 42.69 | -0.04 |
Weekly: close vs a rising 30-week average (Weinstein). Monthly: close vs the 10-month average. Weekly SuperTrend: Bearish, weekly ADX 9.28.
📶 Volume & VWAP
VWAPs are computed from daily bars (typical price × volume), not intraday ticks. Volume has dried up to under 60% of normal. Price fell over 20 sessions while OBV rose (bullish price-volume divergence).
💪 Relative strength
BHARATCOAL ÷ Nifty 50, rebased to 100 a year ago. Rising = outperforming.
🧱 Support & resistance
Clustered swing highs and lows from the last year; “touches” is how many swings formed the level.
| Level | Price | Distance | Touches |
|---|---|---|---|
| Resistance | ₹33.48 | +10.3% | 5 |
| Resistance | ₹32.03 | +5.6% | 2 |
| Resistance | ₹31.16 | +2.7% | 1 |
| Resistance | ₹30.60 | +0.9% | 1 |
| Close | ₹30.34 | — | |
| Support | ₹29.74 | −2.0% | 1 |
| Support | ₹28.92 | −4.7% | 1 |
52-week range: ₹28.92 – ₹45.09 (-32.71% from the high).
🌀 Fibonacci
Measuring the down-swing from ₹44.40 (2026-06-18) to ₹28.92 (2026-10-23). Price has retraced 9.2% of it.
| Ratio | Price | Distance | |
|---|---|---|---|
| 23.6% retracement | ₹32.57 | +7.4% | nearest |
| 38.2% retracement | ₹34.83 | +14.8% | |
| 50.0% retracement | ₹36.66 | +20.8% | |
| 61.8% retracement | ₹38.49 | +26.9% | |
| 78.6% retracement | ₹41.09 | +35.4% | |
| 127.2% extension | ₹24.71 | -18.6% | |
| 161.8% extension | ₹19.35 | -36.2% | |
| 200.0% extension | ₹13.44 | -55.7% |
🕯️ Candlesticks (last 5 sessions)
- Doji 2026-10-29 neutral Weak · 20
- Bullish Harami 2026-10-29 bullish Moderate · 60
- Doji 2026-10-27 neutral Weak · 20
Quality combines the pattern's reliability with its context: prior trend, volume, a support/resistance level and RSI.
↗️ Divergences
- OBV bullish 2026-10-12 → 2026-10-23₹30.60 → ₹28.92
- Stochastic %K bullish 2026-10-12 → 2026-10-23₹30.60 → ₹28.92
✅ Screens BHARATCOAL passes today
| Stock | Close | Chg | Score | Trend regime | RS rating (1-99) |
|---|---|---|---|---|---|
| NHPCNHPC Limited | ₹78.78 | +1.34% | 81 | Range | 63.00 |
| POWERGRIDPower Grid Corporation of India Limited | ₹267.70 | +1.02% | 69 | Range | 55.00 |
| JSWENERGYJSW Energy Limited | ₹505.50 | +1.03% | 67 | Range | 57.00 |
| NTPCNTPC Limited | ₹323.00 | +2.13% | 62 | Range | 50.00 |
| ADANIGREENAdani Green Energy Limited | ₹1,337.00 | +2.95% | 60 | Range | 83.00 |
| GREENPOWEROrient Green Power Company Limited | ₹9.00 | +0.22% | 59 | Range | 30.00 |
| VEDPOWERVedanta Power Limited | ₹34.53 | +4.23% | 59 | Range | — |
| TATAPOWERTata Power Company Limited | ₹355.90 | +3.14% | 52 | Weak Downtrend | 51.00 |
| SJVNSJVN Limited | ₹56.50 | +5.83% | 49 | Weak Downtrend | 18.00 |
| ADANIPOWERAdani Power Limited | ₹195.35 | +3.36% | 48 | Strong Downtrend | 74.00 |
⚠️ Educational technical analysis computed automatically from end-of-day NSE prices — not investment advice. Flash Finance is not SEBI-registered. Indicators describe what price has done; they do not predict what it will do. Verify levels on a live chart and manage risk before acting.
