| Counter | COALINDIA LTP 398.95 |
| Call | Buy on dip towards 390 |
| Target 1 | 408 |
| Target 2 | 420 |
| Stop Loss | Below 390 or 384 levels as per risk appetite |
| Time Horizon | 2-3 weeks |
| Notes | — |
With a modest production of 79 Million Tonnes (MTs) at the year of its inception CIL today is the single largest coal producer in the world and one of the largest corporate employer with manpower of 272445 (as on 1st April, 2020). CIL functions through its subsidiaries in 84 mining areas spread over eight (8) states of India. Coal India Limited has 352 mines (as on 1st April, 2020) of which 158 are underground, 174 opencast and 20 mixed mines. CIL further operates 12 coal washeries, (10 coking coal and 2 non-coking coal) and also manages other establishments like workshops, hospitals, and so on. CIL has 26 training Institutes and 84 Vocational Training Centres.
| Previous Close | 383.3 | TTM EPS | 45.53 |
| 52 Week High | 401.5 | TTM PE | 8.76 |
| 52 Week Low | 384.5 | P/B | 5.61 |
| Sector PE | 8.75 | Mkt Cap (Rs. Cr.) | 245,769 |
(Source: Moneycontrol, BSE, Fisdom Research)
Technical Outlook
(Source: Fisdom Research)
F&O Strategy
| Scrip | COALINDIA LTP 398.95 |
| Risk | Moderate |
| Ratio | 1:2 |
| Bias | Range to positive bias |
| Max Reward Expected | ₹ 36,225 |
| Max Risk Expected | ₹ 5,775 |
| Action | Scrip | Quantity | Entry Price | LTP |
| BUY | COALINDIA JAN 400 CE | 2100 | 5.75 | 5.75 |
| SELL | COALINDIA JAN 420 CE | 4200 | 1.5 | 1.5 |
|
| Counter | BALKRISIND LTP 2763.20 |
| Call | Buy on dip towards 2700 & 2600 |
| Target 1 | 3000 |
| Target 2 | 3100 |
| Stop Loss | Below 2500 or 2400 levels as per risk appetite |
| Time Horizon | 2-3 weeks |
| Notes | — |
For over 30 years, BKT has led the way in the creation and manufacture of safe, innovative and performance-focused tires for a range of specialist sectors, including the agricultural, construction, earthmoving, port and mining industries. The company has distribution partners in over 160 countries on five continents.
| Previous Close | 2642.9 | TTM EPS | 54.19 |
| 52 Week High | 2795.5 | TTM PE | 51.05 |
| 52 Week Low | 1908.9 | P/B | 7.7 |
| Sector PE | 55.81 | Mkt Cap (Rs. Cr.) | 53,479 |
(Source: Moneycontrol, BSE, Fisdom Research)
Technical Outlook
(Source: Fisdom Research)
F&O Strategy
| Scrip | BALKRISIND LTP 2763.20 |
| Risk | Moderate |
| Ratio | 1:2 |
| Bias | Range to pullback |
| Max Reward Expected | ₹ 27,750 |
| Max Risk Expected | ₹ 28,920 |
| Action | Scrip | QTY | Entry Price | LTP |
| BUY | BALKRISIND JAN 2800 CE | 300 | 41 | 41 |
| SELL | BALKRISIND JAN 2900 CE | 600 | 17.7 | 17.7 |
|
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