Coal India has turned bullish recently. The stock is trading around key level of 506. Resistance levels: 521, 537 Support levels: 484, 459, 436, 408. You can enter for long-term partially. However, if 20 EMA (Black line) crosses above 50 EMA (Orange trend) along with good volume, we can confirm the bullish trend. Pros: The company is almost free of debt. The stock offers a commendable dividend yield of 5.03%. The company has an excellent return on equity (ROE) history. Three-Year Return on Equity: 52.8% The company has maintained a robust dividend distribution of 49.8%.