Today stock has given breakout in C&H pattern with good volume confirmation. Stock has finally surpassed 161 hurdle and able to close above it with 162.65 price. One can go long with SL of 143 and target of 190. Apart from this Coal india's result is on Monday and hope that result will be on favourable side. If any one want to go with more security than one...
Target 1:152 Target 2: 158 note : for educational purpose
If there is a strong breakout we could expect a good move.
Double bottem pattern formed and also Retest neckline as a support. Coal india is a Best company for longterm investment. compared to your bank FD this stock is greater then that.