COAL INDIA LTD
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Coal India - Looks good at bottom out

As per harmonic pattern, it's making a bullish butterfly pattern and good to buy.

CD leg projection is going to 1.618 or 2.618. So we can see these two ratio as our target.

XD ratio is ~0.827, so as per technical analysis, it should go to 1.618 or 2.618.

Company's fundamentals are good, so next 3-4 months will give our target.
Chart PatternschartpattrenCOALINDIAHarmonic PatternsharmonicpattrenpriceactionTrend Analysistrendling

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