Dalimia Bharat ltd Gave a super Return in last 5 years, Price rallied almost 3700% apx from low of 89 in 2013. Now it's Ready to Correct 50% form It's Peak.
This Counter Already Started underperforming in December 2017 & January 2018 When Markets were Touching All time Highs.
Loooking at Current Structure it is very much likely that it can correct more form...
Long Coal India @ 309
15% Upside Over 4 to 6 Months.a
Levels to Watch For as Resistance are 0.382 @ 315 & 0.50 @ 340 Aslo,
200 DMA being at 325 Around levels we may need to watch that levels how Coal india react at that level.
We can Trail our Stop When Price Touch 200 DMA which is 325. Otherwise we have a stop @ 290 :)
IndiGo has already shown interest in Air India privatization. Well, Others like Jet Airways, TATA Who runs Vistara and Spicejet are in also in race too for Air-India.
But Indigo seems to be best fit for this Transaction. Because Indigo Has really an edge over market share and running airline business effectively compared to his peers. So any Expatiation will be...