MCDOWELL_N MPL long trade possible for a good target

praveen.bhatiya Updated   
The stock has formed a bottom and recovering from there. It may test the MPL from above and bounce from there till upper channel. Good trading opportunity may emerge soon so please have a watch on it. Good Luck
Trade active:
Entered into the trade today @ 2395 with stop loss of 2369 closing basis. I would look for a target around 2500 which offers good risk to reward. Let's see how it moves.


The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.