Coal India Triangle Formation on Weekly & Daily Time

Coal India is near a triangle pattern breakout.
CMP 148
Buy above 155
SL 130
Target 205
Duration 3-4 Months

Fundamental Snapshot:
PE Ratio - 6.64
Debt Equity Ratio - 0.16
ROCE - 46.1%
ROE - 37%
Dividend Yield - 10.16%
Operating Profit & EPS - Rising YoY

Kommentera:

High of 197 on 29 Sept.
Target 1 hit.
Trail SL to 185