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Published on 18/07/2019 10:05:48 AM | Source: Religare Securities Ltd

Sell Coal India Ltd For Target Rs.221 - Religare Securities

Posted in Broking Firm Views - Short Term Report| #Coal India Ltd #Mining Sector #Trading Report #Religare Securities Ltd

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Derivative Ideas

COALINDIA

 added around 9% in open interest as short buildup was seen in it in previous session. Current chart pattern also indicates further down move in its price. We suggest selling COALINDIA FUTS per below levels.

Strategy:- SELL COALINDIA FUTS BETWEEN 230.50-231, STOPLOSS AT 235, TARGET 221.

 

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