Keep Coal India in portfolio advises Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com advised investor to keep Coal India in a portfolio. Meanwhile, for trader, he recommended buying the stock.

Sukhani told CNBC-TV18, “The argument would be that if you are a trader, Coal India is probably a buying opportunity. But understand that trading requires profit targets as well as stop losses. The trade is that yes, it is worth buying.”
”For a longer-term investor, it is certainly something that you want to put in your portfolio. We had a sharp correction that went to Rs 290 and bounced back. Rs 285-290 level now provides some kind of long-term support. For an investor, put it in your portfolio. For a trader, go for it but manage your trade,” Sukhani added.