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Last Updated : Mar 10, 2017 04:42 PM IST | Source: CNBC-TV18

Hold Coal India, says Prakash Gaba

Prakash Gaba of prakashgaba.com advises holding Coal India.

Prakash Gaba of prakashgaba.com told CNBC-TV18, "I like the basic structure of Coal India. The breakout will come once it crosses Rs 330 or 340. Hold it but if it comes down there is a very good chance that the stock can slide down to levels closer to Rs 300. Now that is the place to add.""If one can hold for long-term and add at lower levels, I think one should do that. No point booking loss because I have a feeling that once it gives a breakout, it can climb to levels closer to Rs 380. It may take its own sweet time but hold on," he said.
First Published on Mar 10, 2017 04:04 pm