Coal India may touch Rs 345: Rajat Bose

Rajat Bose of rajatkbose.com told CNBC-TV18, "Coal India as of now looks pretty good. Once it crosses Rs 295 where its 200-day exponential moving average (EMA) is located then you can expect some more momentum coming in. For six months to one-year, the target would be something like Rs 345. This is major resistance level in my reckoning."

"The supply zone is between Rs 330 and Rs 345. So when it reaches to those levels, be it next three months, six months whenever that happens, at least book some profits or full profits and then wait for to re-enter. As of now hold on to the stock with a stop loss below Rs 263 because that is a key support area for any investors to keep track of," he added.