MCLEODRUSS Breakout Done... Can Be #Multibagger

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!

Trade active:

23----28+