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COAL INDIA LTD
Long

COAL INDIA Ltd: Buy @CMP 245.50, SL 230, Target 320, 427

By rahulundefined
Excellent bottom fishing opportunity in Coal India Ltd. Its trading near IPO Rate( Rs 0.29% .245). This zone is major support point( Analyze coal India's behavior during Aug 2013 0.25% to Feb 2014). Nearly 2cr quantity traded on major reversal day(17 Aug 2017) which was highest since Feb 2015. All in all excellent risk reward zone to initiate the trade.
bottomfishingCOALINDIATechnical AnalysisTrend Analysisuptrend
rahulundefined
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