5925/5950 NIfty spot levels will act as a major support.... Will retail portion of Coal India get oversubscribed ? I doubt so.

 
Stock View: Gmr Infra

The stock broke a major trendline support day before yesterday, this breakdown has come up with huge vols too. The stock is certainly looking weak and may head to 50-51 odd levels where there is a minor support, if breaks that then next major support zone is @ 45-47. So people who are willing to do bottom fishing should wait for 50-51 levels to come, High risk traders can go short also at current levels.

Have a nice trading day

Regards

Ankit