Hello dear traders presenting you a long term holding view on coal india
Its a breakout of around 14 years of consolidation
buy coalindia near 400 to 450
target 720 and sky is the next limit for long term positional holding
its a one of the best dividend paying stock in our country and still exetremly cheap by price
Note
Disclouser : I am not a Certified registered analysist this is just my observation for practice and learning purpose of chart reading, Must take advice from your financial advisor before trade
if this idea is use full like and share also follow and comment your thought about this analysis
Note
some fundamentals outlook
Market Cap ₹ 2,72,454 Cr. Current Price ₹ 442 High / Low ₹ 488 / 208 Stock P/E 9.29 Book Value ₹ 113 Dividend Yield 5.44 % ROCE 70.5 % ROE 56.0 % Face Value ₹ 10.0
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