Strong bullish breakout in Coal India. Hold for long term

Coal India has shown a strong breakout on a weekly time frame and it can provide the best returns in long term with good dividends. The stock crossed 200 EMA on 31 August
to 2015 and from that the stock was in a downtrend and it fell from 347 to 109, but now it is showing strong signs of bullishness as it has crossed 200 EMA with a good volume and a retest with a strong bullish candle.
Chart PatternsTrend Analysis

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