Buy Coal India closer to Rs 320-322: Baliga

Buy Coal India closer to Rs 320-322, says Ambareesh Baliga, COO of Way2Wealth.

Baliga told CNBC-TV18, "After a long time we have got some positive news bytes as far as the power sector is concerned. It is expected that they should rally for a while longer and possibly this could also give an opportunity to buy Coal India at a lower level. So in case we see Coal India closer to about Rs 320-322 levels that should be a good level to buy from a longer-term perspective.