coal india breakout of 14 years consolidation

Hello dear traders presenting you a long term holding view on coal india

Its a breakout of around 14 years of consolidation

buy coalindia near 400 to 450

target 720 and sky is the next limit for long term positional holding

its a one of the best dividend paying stock in our country
and still exetremly cheap by price

Comment:

Disclouser : I am not a Certified registered analysist
this is just my observation for practice and learning purpose of chart reading,
Must take advice from your financial advisor before trade

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any related query allow me to answer

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Comment:

some fundamentals outlook

Market Cap ₹ 2,72,454 Cr.
Current Price ₹ 442
High / Low ₹ 488 / 208
Stock P/E 9.29
Book Value ₹ 113
Dividend Yield 5.44 %
ROCE 70.5 %
ROE 56.0 %
Face Value ₹ 10.0

Comment:

daily support resistance via trendline