Coal India just gave breakout and we can enter between 165-170, this breakout will be supported by ex dividend date 21 February
Coal India has given good payouts in last four quarters with minimum of 35% (3.5 rupees) and maximum of 90% (9 rupees) and as there is dividend payout soon for which ex dividend date is already declared as 21 feb
Buyers who are happy to take the dividends will buy the stock in large quantities in next week and push price high to break 52 week high too... we can buy this stock and hold it till 21 feb and take dividends and we can exit with profit.
Disclaimer: Our content is intended to be used and must be used for information and education purposes only. It is very important to do your own analysis before making any investment based on your own personal circumstances. You should take independent financial advice from a professional in connection with, or independently research and verify, any information that you find on my idea and wish to rely upon, whether for the purpose of making an investment decision or otherwise.
Coal India has given good payouts in last four quarters with minimum of 35% (3.5 rupees) and maximum of 90% (9 rupees) and as there is dividend payout soon for which ex dividend date is already declared as 21 feb
Buyers who are happy to take the dividends will buy the stock in large quantities in next week and push price high to break 52 week high too... we can buy this stock and hold it till 21 feb and take dividends and we can exit with profit.
Disclaimer: Our content is intended to be used and must be used for information and education purposes only. It is very important to do your own analysis before making any investment based on your own personal circumstances. You should take independent financial advice from a professional in connection with, or independently research and verify, any information that you find on my idea and wish to rely upon, whether for the purpose of making an investment decision or otherwise.