Stock of the day : Coal India Ltd. For Target Rs.520- Religare Broking
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Coal India Ltd
* COALINDIA has been trading in a strong uptrend and currently placed around the record high levels.
* Of late it has registered a decisive breakout from Bullish Cup and Handle price pattern with strong surge in volumes.
* In the last session, prices inched higher taking support around the neckline of the pattern which coincides with its short term moving average.
* Traders can consider fresh longs in the mentioned range.
Buy Coal India Ltd CMP 491.20 Range 490-492 SL 478; Target 520
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SEBI Registration number is INZ000174330
