MCLEODRUSS Breakout Done... Can Be #Multibagger
Updated
MCLEODRUSS (MCLEOD RUSSEL INDI)
About The Company
McLeod Russel India Ltd. engages in the business of cultivation, manufacturing and sale of tea. It operates through the following geographical segments: India, Vietnam, Uganda, Rwanda, UK and Others. The company was founded on May 5, 1998 and is headquartered in Kolkata, India.
Trade Setup
Cmp 28
Any Dip Upto 20 can be bought
For Targets🎯
33 / 41 / 49 / 55 / 60 / 64 / 70 / 77++
WCBSL will be 15
Note: 33 is a crucial zone for breakout confirmation. Hence, stock should close above 33 for quick momentum targets.
Fresh Breakout Above 77 (Weekly closing)
For Targets🎯 79 / 84 / 89 / 92 / 96 / 99 / 101++
Chart Setup For Reference:
Tecnical Analysis...
1) Formation Of Flag pattern in Weekly Charts
2) Volume addition
3) At good and strong numbers
4) Breakout Done
5) Potential to be a #Multibagger
Regards...
Harm⭕️nics4Life
13/01/2024
Disclaimer & Risk Warning
I am not sebi registered analyst.
My studies shared here are for educational purposes .. Do Consult Your Financial advisor Before Taking any Trade.....Good Luck!
About The Company
McLeod Russel India Ltd. engages in the business of cultivation, manufacturing and sale of tea. It operates through the following geographical segments: India, Vietnam, Uganda, Rwanda, UK and Others. The company was founded on May 5, 1998 and is headquartered in Kolkata, India.
Trade Setup
Cmp 28
Any Dip Upto 20 can be bought
For Targets🎯
33 / 41 / 49 / 55 / 60 / 64 / 70 / 77++
WCBSL will be 15
Note: 33 is a crucial zone for breakout confirmation. Hence, stock should close above 33 for quick momentum targets.
Fresh Breakout Above 77 (Weekly closing)
For Targets🎯 79 / 84 / 89 / 92 / 96 / 99 / 101++
Chart Setup For Reference:
Tecnical Analysis...
1) Formation Of Flag pattern in Weekly Charts
2) Volume addition
3) At good and strong numbers
4) Breakout Done
5) Potential to be a #Multibagger
Regards...
Harm⭕️nics4Life
13/01/2024
Disclaimer & Risk Warning
I am not sebi registered analyst.
My studies shared here are for educational purposes .. Do Consult Your Financial advisor Before Taking any Trade.....Good Luck!
Trade active
23----28+Note
consolidating in tight range !!Note
37.85+
Harm⭕️nics4Life
Twitter: @Harmonics4Life
Telegram: t.me/Harmonics4Life
Disclaimer.
I am not sebi registered analyst.
My studies shared here are for educational purposes .. Do Consult Your Financial advisor Before Taking any Trade.
Twitter: @Harmonics4Life
Telegram: t.me/Harmonics4Life
Disclaimer.
I am not sebi registered analyst.
My studies shared here are for educational purposes .. Do Consult Your Financial advisor Before Taking any Trade.
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Disclaimer
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