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COALINDIA

COAL INDIAAs per the Japanese study of Ichimoku Multi Time Frame Analysis, Coal India has activated a C Clamp in daily time frame. As per the study, it could rally till 155 where the Kijun/Base line is currently, with minor resistance at 150 as long as it stays above 144 (fractal low) over the next 10 calendar days till it remains valid. In terms of R:R and time anticipation the set up looks decent. Do Your Own Research before initiating and follow levels (both in terms of reward and risk) always.
NSE:COALINDIALong
by Dinesh_C_Nagpal
2
coal India poised to give a minimum return of 24% in next 2 year# Those buying Coal India around 146 level could generate Rs 35 in dividend income in next 2 years (including the recent announced 3.5/- dividend). That comes to roughly 24% return on investment. # plus there is potential for upside from appreciation in stock price due to following reasons: 1. Production Increase due to front loading of capex 2. wage revision and consequent pass on of costs to buyers in next 6 months 3. higher auction sales and realization # Valuation wise the company is trading at a shiller pe of just 6.5 times which suggest that the company has earned its market cap in last 6.5 years itslef on average 10 year profit of 13843 crores. So if the stock is held for around 7 years, it is likely to earn it 90000 crore market cap again plus the future value will still be there in the stock price. # Its probably ESG theme which is keeping global investors away from this stock. But Coal being an essential commodity in 70% of Indian power generation, it is unlikley to be replaced any soon. # With Banks FDs generating just 6% return, the earning yield on Coal India is a very attractive proposition.
NSE:COALINDIALong
by agrwal_amit
bearish channel white parallel channel price again making chart patter at the current bottom near 100% projection of wave at beginning of the channel, until price breaks this white channel it is bearish . on clear breakout of this channel we have blue horizontal resistance near 38% retracement on short term upper yellow trend line of chart pattern and white trend line of channel is our resistance. based on Elliott wave 100% projection of wave followed by our first yellow chart pattern has finished its first projection target. so our current chart pattern at the bottom with upside breakout will trigger trend reversal. as long as price trading blow upper white trend line it bearish and price will trader for its next 138% projection
NSE:COALINDIA
by Sangam-Agarwal