Coal India Ltd (NSE: COALINDIA) Stock Analysis
Key Points:
Price Movement: In October 2020, the stock traded at an all-time low of ₹109.55. Recently, it made a new high of ₹507.35.
Trend: The stock has been gradually moving in an uptrend, with the 20, 50, and 100 EMAs being surpassed by the stock price.
Dividend Yield: 5.08%
Investment Consideration:
Coal India has shown consistent upward movement and strong technical indicators, making it a favorite in the PSU stock category. It has been added to my watchlist and portfolio.
Disclaimer:
This analysis is for educational purposes only and should not be considered financial advice. Always conduct your own research and consult a financial advisor before investing. The author is not SEBI registered and is not responsible for any financial losses based on this analysis.
Conclusion:
Coal India Ltd demonstrates a strong uptrend and favorable dividend yield. It is a promising addition to a portfolio focused on PSU stocks.
Price Movement: In October 2020, the stock traded at an all-time low of ₹109.55. Recently, it made a new high of ₹507.35.
Trend: The stock has been gradually moving in an uptrend, with the 20, 50, and 100 EMAs being surpassed by the stock price.
Dividend Yield: 5.08%
Investment Consideration:
Coal India has shown consistent upward movement and strong technical indicators, making it a favorite in the PSU stock category. It has been added to my watchlist and portfolio.
Disclaimer:
This analysis is for educational purposes only and should not be considered financial advice. Always conduct your own research and consult a financial advisor before investing. The author is not SEBI registered and is not responsible for any financial losses based on this analysis.
Conclusion:
Coal India Ltd demonstrates a strong uptrend and favorable dividend yield. It is a promising addition to a portfolio focused on PSU stocks.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.