Coal India Ltd.
No trades
What traders are saying


Entry Point
Around ₹390:
The current price is ₹389.10, so entering near ₹390 is feasible if the stock shows strength by holding above its recent low. This level is close to the current market price and aligns with a potential uptrend.
Alternative: Wait for a breakout above ₹393.
A move above the recent high of ₹393, preferably with strong volume, could confirm bullish momentum, making it a safer entry for swing traders targeting a larger move.
Stop-Loss (SL) Level
₹385:
Setting a stop-loss just below the recent low of ₹386.30, at ₹385, helps limit losses if the trade moves against you. From an entry at ₹390, this represents a risk of ₹5 (approximately 1.28%), which is reasonable for swing trading.
Alternative: ₹370.
Some analysts suggest a wider stop-loss at ₹370, but this increases the risk to ₹20 from a ₹390 entry (about 5.1%). This might be better suited for longer-term trades rather than swing trading.
Exit (Target) Point
₹415:
A target of ₹415 offers a potential gain of ₹25 from a ₹390 entry (about 6.4%). This level has been suggested by recent analyst insights and provides a solid risk-reward ratio when paired with a ₹385 stop-loss.
Risk-Reward Ratio:
Entry at ₹390, SL at ₹385 = ₹5 risk.
Target at ₹415 = ₹25 reward.
Ratio = 1:5, which is excellent for swing trading (typically aim for at least 1:2).
Alternative:
If the stock shows strong momentum after breaking ₹393, consider higher targets like ₹428, or use a trailing stop to ride the trend further.
Suggested Swing Trading Plan
Entry: Buy around ₹390 (or above ₹393 on a breakout).
Stop-Loss: Set at ₹385 (just below the recent low).
Target: Aim for ₹415.
This plan offers a structured approach with a risk of ₹5 and a potential reward of ₹25, yielding a 1:5 risk-reward ratio.
