HomeNewsBusinessStocksCoal India has target of Rs 308: Kunal Bothra

Coal India has target of Rs 308: Kunal Bothra

Kunal Bothra of LKP is of the view that Coal India has target of Rs 308 from two to three day trading perspective. "Keep a stoploss at Rs 295," he adds.

July 22, 2013 / 17:12 IST
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Kunal Bothra of LKP told CNBC-TV18, "Coal India looks attractive. It has formed a triangle pattern. It has just broke out of that Rs 300 levels, so from a two to three day trading perspective someone should look at Rs 308 as a target for Coal India and stop loss is Rs 295."

The share touched its 52-week high Rs 386 and 52-week low Rs 284.65 on 17 September, 2012 and 08 July, 2013, respectively. Currently, it is trading 22.28 percent below its 52-week high and 5.39 percent above its 52-week low. Market capitalisation stands at Rs 189,490.93 crore. Also Read: Govt issues another Presidential directive to CIL for FSAs
first published: Jul 22, 2013 05:12 pm

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