raghavendrakumart

Coal India - Long term investment BUY

Long
NSE:COALINDIA   COAL INDIA LTD
A clean A-B-C structure
A clean 5 wave sub-wave structure in C
A falling wedge
Positive divergence in RSI ( 9 and 14 period )
Positive divergence in MACD ( Fast and Slow )
Positive divergence in Slow Stochastics

Bearish below 225 on weekly closing basis.
Trade active: From the lower end of the support to the higher end of resistance. Breakout above 300..for a new life high ?