MCDOWELL_N trading in symmetrical wedge pattern. If it gives breakout of this pattern then possible it will give 800+ short term target and 1100+ for long term investment target.
Buy MCDOWELL_N Above 650
Stop loss - 515
Target 800(Short Term) 1100+(Long Term)
From the last 7-9 months, HERITGFOOD was forming a symmetrical wedge pattern. Yesterday it gives breakout of this pattern with good volume and sustaining above it. According to this pattern expected good bullish move towards the target of 440+ in the upcoming trading session. For good confirmation, the entry will above 325 with a stop loss of 300.