Monday, May 9, 2011

Coal India Ltd(COALINDIA)-A MultiBagger,Buy/Sell/Hold,Growth Pospects and Recomendation,News and Results,Target Price and Analysis,Views and Outlook


COALINDIA closes  at 392.30 with a  gain of +6.1 % on 09 May 2011 with formation of  Long White Candle   on Daily  Price Chart. Technically, COALINDIA  is looking extremely Bullish on  Charts. Major Momentum indicators are now pointing at overbought zone with good Bulls Power. It indicates further price movement in upper side.
We Recommend to BUY   –  COALINDIA  At  CMP
Target- 411/443
Stop-Loss –380
Time Frame- 5-10 Trading Days
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