If you have invested in Coal India or Power Finance Corporation or are thinking of investing then this news is for you. According to Lawrence Blanco of CLSA, the charts of both these stocks are showing signs of pressure and the risk of decline in these stocks has increased. In Friday's trading, Coal India's stock has seen a rise and the stock has gone above the level of 490. At the same time, there is a decline of about one percent in the stock of Power Finance Corporation and the stock has come below the level of 470.

What is the advice of experts?

According to CLSA's Blanco, pressure is being seen on the chart of Coal India. If the stock closes below 480, the decline in the stock may increase further and this decline can take the stock down to 410. He has advised to keep a stop loss of 508 for those who trade on decline. Apart from this, another stock in which signs of breakdown are being formed is Power Finance stock. According to Blanco, after breaking the support level of 468 to 470, signs of weakness have appeared in the stock. According to him, if there is a decline from here, the stock can also reach the level of 373. He has advised the traders to keep a stop loss of 504. How was the performance of the stock? An upward trend was seen in Coal India today and the stock closed above the level of 493 with a gain of more than one percent. The highest level of the stock for the year has been 544.7, while the lowest level of the stock for the year has been 302. On the other hand, Power Finance stock closed at 468.45 with a fall of 0.72 percent. The stock had fallen to the level of 463 during trading, however, the stock recovered much of its loss. The stock's highest level of the year is 580 and the lowest level is 226.