xclusiv_abhi
Long

Mcleod Russel - Contra Buy call initiated

NSE:MCLEODRUSS   MCLEOD RUSSEL INDI
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.
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