Buy Coal India Above 199 on Closing Basis.. Good For Swing to Short/Medium Trade..
Cokal Limited have recently announced a non binding LOI for the sale of 50,000 tonnes of high grade coal per month. The LOI is expected to move over the next few days into a binding agreement which should see the company achieve a valuation based on the project economics The project basics Non binding LOI for A$400m of coal sales at 50k t/month US$126/t assumed...
DAX is around his previous top. Technical DAX make a higer low at 9300 area and break the last lower top 9500. DAX turn bullish again. But only because Dagi talks the market higer. I not trust the current situation. Technical DAX has overbrought RSI But low oil price is not good,(-36%) is crash. High Yield Bond Funds, one of the many proxies for junk debt, is...