Coal India Ltd.
Long
Updated

Coal India Triangle Formation on Weekly & Daily Time

260
Coal India is near a triangle pattern breakout.
CMP 148
Buy above 155
SL 130
Target 205
Duration 3-4 Months

Fundamental Snapshot:
PE Ratio - 6.64
Debt Equity Ratio - 0.16
ROCE - 46.1%
ROE - 37%
Dividend Yield - 10.16%
Operating Profit & EPS - Rising YoY
Note
High of 197 on 29 Sept.
Target 1 hit.
Trail SL to 185

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.