Go long in Coal India: Siddharth Bhamre

Siddharth Bhamre of Angel Broking told CNBC-TV18, "We like Coal India. The stock is correcting not by huge formation of short positions, volumes are not that great. I believe this is a good buying opportunity in a market which is dipping down and once market stabilises or goes up, this stock can give good return."

"For time being we have a target of Rs 266, fix a stoploss of Rs 241-242 and go long," he adds.