rahul.u.bhagwat

MCDHOLDING : Against all odds...

Long
NSE:MCDHOLDING   MCDOWELL HOLDINGS
MCDHOLDING has been moving sideways since December 2016.

With Highway Liquor bans being lifted in a few states, it looks poised to move up.
Traders/investors should have a mildly positive bias in the coming quarters.

Initially,I expect a fake intraday move to the downside, if it occurs.

This is a contra bet i am suggesting. A Low risk high return trade.

The daily chart shows the bulls interest returning.

MCDHOLDING can move very fast to 40 /45 levels.

Go Long with a closing SL at 38 & look for targets of 40 /45.