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Harmonics4Life
Jan 13, 2024 8:32 AM

MCLEODRUSS Breakout Done... Can Be #Multibagger Long

MCLEOD RUSSEL INDINSE

Description

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+
Comments
amanbansal7967
Hi, any updates on this chart?
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