Coal India Ltd
Previous post: Click here
The previous breakout appears to be fake but the stock is giving respect to its previous resistance of 349 and post touch low of around 346 another support of the stock it bounced back. The up current is not likely to die down soon. Hold your positions as even the company's fundamentals are strong and in the much talked FSA's with power companies the company already talked about passing on all the costs and penalty clause for the name sake.
Previous post: Click here
The previous breakout appears to be fake but the stock is giving respect to its previous resistance of 349 and post touch low of around 346 another support of the stock it bounced back. The up current is not likely to die down soon. Hold your positions as even the company's fundamentals are strong and in the much talked FSA's with power companies the company already talked about passing on all the costs and penalty clause for the name sake.
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