MCLEOD RUSSEL INDIA LTD MCLEODRUSS

drupadk

Mcleod Russel peaked at around 250 levels in December 2017. Post the 2018 peak, Mcleod's stock price collapsed and made a low of only 1.85 in march 2020. Since then, the stock saw a clear trend reversal and has moved up with the rest of the market peaking at 27.5 in late August 2020. for the last 8 months, the Mcleod Russel stock has largely been range bound and...

NeeteshJain

It is been observed on Daily Chart that the price action breaking out from a downward trending channel consolidation, indication of a bullish move ahead. Target 1: 171 Target 2: 175 Stoploss: 164

NeeteshJain

It is been observed on the Hourly Chart that the price action forms a U shape Cup and a channel shape "Handle" in order to complete the a cup-handle pattern. Measurement is the interesting part of it as it is been respected accurately. I hope it adds value to your trading experience. Regards

NeeteshJain

It is been observed that the price action breaks above the new resistance level , now it shall further move up to 162 levels and above. Target: 161 Stoploss: 155

dr_professor_nifty

wedges and diamond pattern

NeeteshJain

It is been observed on the daily chart that the price action first got into range and then breaks and closes above the range indicated bullish move. And now, the price action breaks above the prevailing long big trendline, indicating buyers in action and control over prices. It shall further move up from the current levels. Target 1: 150 Target 2: 153 Stoploss: 144

dr_professor_nifty

safe buy level

NeeteshJain

It is been observed on the daily chart that the price action completes a bullish Cypher Pattern by reching 78.6% retracement level of (X-C) indicating a bullish move ahead. Target: 158 Target: 160 Stoploss: 148

NeeteshJain

It is been observed that the price action firstly broke from a symmetrical triangle on daily chart, indicated bearishness in the price action. Now, the price action breaking new support levels and forming lower lows, again indicating further bearishness ahead. Target: 160 Stoploss: 175

NeeteshJain

The price action that was trading in a downward trendline has now finally breaks out from the downward trending line, indicating high buying pressure and bullishness. Target: 197-200 Stoploss: 175