Stock Radar: Coal India showing signs of bottoming out after 28% fall from highs; time to buy?

  • Posted on April 29, 2025
  • By Business News Today
  • 4 Views
Stock Radar: Coal India showing signs of bottoming out after 28% fall from highs; time to buy?

Coal India Ltd is consolidating around Rs 350, a crucial support level for the past two months. Experts suggest high-risk traders can buy the stock, targeting Rs 430-450 within 1-2 months. Technical analysis indicates strong demand around the Rs 350-360 zone, supported by the SuperTrend line and Fibonacci levels, reinforcing a bullish outlook.
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