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Intraday Stock For 28 April 2011: Buy COALINDIA At 376, Target 381

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Stock for intraday trading: Buy Coal India Ltd. (COALINDIA) @ 376 for target 381 and 385 place protective stop loss at 372. At CMP of 376 it is already trading positive by more than 1.5%, and is more likely to be bullish today, So it seems to attract more buyers in this stock. The volume states that fresh long positions are built today with stock touching fresh 52 week high at 379.8 on NSE. Technical indicators are also confirming the upward momentum and is in favor of trade, stock COALINDIA.

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About Bhaveek Patel

Bhaveek Patel is one of the most successful traders, technical analyst, and investor, his areas of interest include stock market, forex, and gold trading. Apart from this, he is often seen in the golf course. He is having more than 10 years of experience in trading, had placed his first order on 19 June 2006 with IndiaInfoline.

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