Buy Coal India Ltd For Target Rs.242 - Religare Broking
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Coal India Ltd
* Coal India has been trading in a steady uptrend since February 2021.
* Seeing consolidation within 206-226 after making a new record high at 230.35 in November 2022. ? Trading closer to the upper band. Likely to see the breakout soon.
* We thus recommend creating fresh longs in the given range.
Buy Coal India Ltd @ BUY CMP 224.90; Range 222-224; SL8 215; Target 242
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