ranjithvasudevan

COAL INDIA - Whats Next?

Long
NSE:COALINDIA   COAL INDIA LTD
COAL INDIA is in strong sideways consolidation for nearly two months between the range of 142 lvl and 150 lvl .
So, could this either be an accumulation/distribution zone & shall expect for a momentum sooner or could this continue in this consolidation phase for some more time ..?
So, What shall be expected from this stock down the days, share your views & insights ..! Anyone?

On a positive note, COAL INDIA has posted good Q1 results on Aug 10 .

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