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 FSAsDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!