Coal India is a buy: Deepak Mohoni

Deepak Mohoni, Director, trendwatchindia.com, in a chat with ET Now talks about Coal India.

What is your take on Coal India?

Coal India is a buy. It is down slightly today but had gone up very strongly yesterday. So this down would be seen as a bit of a consolidation and the potential move hereafter. It is looking fairly good for not just intraday but also medium to long term. Coal India looks like its heading for its listing price and above. It started a move around budget time.