Stock of the day : Coal India Ltd For Target Rs.488- Religare Broking
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Coal India Ltd
* We are decent traction in the PSU stocks and Technically, COALINDIA is offering a fresh buying opportunity.
* After the strong rally, stock witnessed price and time wise correction with positive bias.
* Following price action and volume activity, we expect price to stage a breakout and surpass its previous swing high.
* Traders can consider fresh longs in the mentioned range.
Buy Coal India Ltd CMP 455.15 Range 454-456 SL 441; Target 488
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