COAL - BULLS THERMA-L ENERGYCoal has been on the first globally and locally. This has repeatedly made higher highs and lower lows. The basing is now more or less around the 175-180 handle now around 186. We have long term basing (rounding bottom) and we are currently eroding the neck line of bullish HnS pattern. Also the 200 DMA has been penetrated around 159. By any standards this place would be the best performer for at an year. For the investment buy here and any dips 175-178 stops 168 for part profit 225 and balance 260 (IPO Price was 240). Extended targets move towards the magical 300.
