Tuesday, February 8, 2011

Coal India:-A MultiBagger,Buy/sell/hold,growth prospects and recomendation,news and results,target price and analysis,views and outlook


Coal India  is Trading  at 301.95 on 08 Feb 2011 with formation of Green Candle on Daily  Price Chart.Technically Coal India is in Down Trend since its Listing.Now it has given a Positive Signals on Daily price chart. Sine- Wave  has given the early Buy signals. It may emerge as a Multi-bagger in   Next Few Months.
We Recommend to Buy & Hold –Coal India at CMP
Target-325/335
Time Frame- 1 months
Stop-Loss -293

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NIFTY NEXT- Nifty-Fut 5 Mins Technical Chart 08Feb 2011

Nifty-Fut is under selling pressure from Higher levels, since its opening. It has String Resistance around 5390 and A Great Support at 5335. JP Associates is the most looser today.
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NIFTY NEXT- Nifty Trading Range for 08 Feb 2011

Nifty-Spot today may trade with huge volatility within the Range of 5384-5466.VIX is on rise at 24.69.As per Our NNI-Nifty Next Indicators, which gained by +74% in last Trading session, suggest a Flat to Positive Trading session for Nifty on 08 Feb 2011.Longs are suggested if Nifty holds and Trade above the level of 5434 on 08Feb 2011.Keep  Close eyes on Banking Sectors.
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Disclaimer

The recommendations made herein do not constitute an offer to sell or a solicitation to buy any of the securities mentioned. No representations can be made that the recommendations contained herein will be profitable or that they will not result in losses. Readers using the information contained herein are solely responsible for their actions. Information is obtained from sources deemed to be reliable but is not guaranteed as to accuracy and completeness. The above recommendations are based on the theory of Technical Analysis and do not reflect the fundamental validity of the Scrip. www.niftynext..com does 't take any Responsibility for any losses arising from using the Stocks Recommendations.
We( WWW.NIFTYNEXT.COM) are not Registered with Any Regulatory Body in India ie SEBI,NSE,BSE,AMFI or Any Otheres.


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