Hold Coal India, says Prakash Gaba

I like the basic structure of Coal India. The breakout will come once it crosses Rs 330 or 340. Hold it but if it comes down there is a very good chance that the stock can slide down to levels closer to Rs 300. Now that is the place to add. If one can hold for long-term and add at lower levels, I think one should do that. No point booking loss because I have a feeling that once it gives a breakout, it can climb to levels closer to Rs 380. It may take its own sweet time but hold on,

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