Coal India Ltd Long @ Rs 151.1 or Below

Nov 21, 2021

COALINDIA

Entry Rs 151.1 or Below
Target 176
SL 134.8
Time: 5 Week
CMP 153.4

Coal India Ltd is trading at 153.4 and in a downtrend for a long time . Price is reaching near to demand zone In the Options Analysis strong pressure on Put side is at 150 level. So Price is expected to remain in above 150 on the current month's expiry. Buy and hold for the 5 weeks.

Disclaimer: the author may enter in trade, take your own decision , This is a trading idea, not an trading or Investment advice

Jan 2, 2022

Trade closed manually

Stock is dull now, Received Rs 10 as dividend income.