Coal India - Looks good at bottom outAs per harmonic pattern, it's making a bullish butterfly pattern and good to buy.
CD leg projection is going to 1.618 or 2.618. So we can see these two ratio as our target.
XD ratio is ~0.827, so as per technical analysis, it should go to 1.618 or 2.618.
Company's fundamentals are good, so next 3-4 months will give our target.
