Mcleod Russel - Contra Buy call initiated

Stock has broken out of long term down trending channel. Can now be bought as a contra play. Holding period shall be medium to long term. So this call is only for investors.

For traders, breakout above 180 can be interesting.

(Pls do your own research before trading on my views)

Trade active:

Stock has already hit 195. Keep holding. T1 215

Trade active:

Watta move on this one, did 243-44 already. Up by over 30% in this month itself. Can book profit around 255 zone and wait for a reasonable dip.