NSE:MCLEODRUSS   MCLEOD RUSSEL INDI
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Hmmm proper wedge formation.. but does it imply that the stock shall be in a particular range of 160 to 179

is the above wedge indicate any breakout..

Regards
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@MAYURSHAH444, my stoploss level till 151
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MAYURSHAH444 dr_professor_nifty
@dr_professor_nifty, TRUE AGREE..REGARDS
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MAYURSHAH444 MAYURSHAH444
@MAYURSHAH444, BUT I DO NOT THINK IT SHALL GO TILL 151..ITS STRONG SUPPORT AT 160

ALSO THE STOCK IS IN AN UPWARD TREND..DUE TO TEA PRICE RISE..

CORRECT ME IF WRONG..

REGARDS
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@MAYURSHAH444, you know better then me
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MAYURSHAH444 dr_professor_nifty
@dr_professor_nifty, NO I A NOT BETTER THAN U AS U HAVE A GOOD TECHNICAL KNOWLEDGE BUT AS THE STOCK HAS REVERSED FROM 160 - 164 LEVELS COUPLE OF TIMES..

MAYBE A FURTHER CORRECTION CAN TAKE IT TO 151 WE NEVER KNOW SIR..

BUT I AGREE STOP LOSS IS A MUST
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@MAYURSHAH444, what is your profit level
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dr_professor_nifty dr_professor_nifty
@dr_professor_nifty, means you want to take profit
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MAYURSHAH444 dr_professor_nifty
@dr_professor_nifty, not yet booked profit am holding from 160 levels though i sell some at around 175 and buy back at 171..

nothing substantial now but am looking at levels of 187 then 200 plus in a month if markets sustain uptrend..

else it can fall till 150
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