Buy Coal India, says Sudarshan Sukhani

One can buy Coal India, says Sudarshan Sukhani of s2analytics.com.

Sukhani told CNBC-TV18, "I would be a buyer in Coal India. We had a big move yesterday. It is quite possible that the stock can build on it momentum. Every buying opportunity that we are discussing, need not be taken right at the open because today’s market maybe choppy so one has to see the context. However, Coal India should be looked at with an object of buying in."
The share touched its 52-week high Rs 386 and 52-week low Rs 291.20 on 17 September, 2012 and 19 March, 2013, respectively. Currently, it is trading 18.81 percent below its 52-week high and 7.62 percent above its 52-week low. Market capitalisation stands at Rs 197,954.86 crore.