Coal India Ltd is a big player in the coal industry and right now, the stock price is around Rs 350. This price level has been a strong support for the past two months, meaning it’s been a safe place for the stock not to drop below. Experts say that if you’re a short-term trader looking for a chance to buy, this could be a good moment. They believe the stock could reach Rs 430 to Rs 450 in the next month or two.
The stock recently peaked at Rs 544 on August 26, 2024, but it couldn’t keep rising and closed at Rs 392 on April 25, 2025. That’s a drop of nearly 28%. If you’re willing to take some risks, it might be a good idea to consider buying this stock!
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