..... Details mentioned on chart. Education purpose only.
At Support of Long Term Channel. Can be accumulated till 173. Investment View for 6 Months. Other Details Mentioned In Chart. Please consult your Financial Advisor before taking any decission. I am not SEBI Registered Financial Advisor.
Chart indicate BO in weekly chart with higher volume. Short term Target is 220+ with SL 185 (On closing) Long term Target is 320 with sl 177 (on closing).
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)
Volume breakout in MCLEODRUSS @ 192. Stock can move 220+ in near term maintain SL 178
Breaking out of descending trending line. any close above 170 can do 192-200-215. September result is blockbuster
trend analysis
MCLEOD RUSSEL has seen strong volumes with prices breaking previous resistance in the past few weeks. Expect to reach 200 in a few days.
I expect 200 levels soon Stock moving with higher volumes post breakout and has resistance near 200 Levels