MCLEOD RUSSEL BREAKS RESISTANCE LEVELIt 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: 155Longby NeeteshJainUpdated 151511
Mcleod Russel - Big Breakout 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 Longby NeeteshJainUpdated 5529
MCLEOD RUSSEL Clean Divergence BreakThere is clean resistance Break on MCLEODRUSS along with divergence. A good upside can be expected ahead.Longby NrupenM220
Mcleod Russel Completes Bullish Cypher PatternIt 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: 148Longby NeeteshJainUpdated 101019
Mcleod Short Setup (Symmetrical Triangle Breakout)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 Shortby NeeteshJainUpdated 445
Mcleod Russel may see lower levelsNSE:MCLEODRUSS Mcleod Russel is about to breakdown from its current levels after minor consolidation. Current trend is bearish and it is likely to continue with a momentum building on higher time frame. Trade with caution Target: 140 stoploss:175 Shortby Sg_bangalore112
MCLEOD RUSSEL------- Up with huge volumeDaily volume: increased 710% of daily avg volume Increase in open interest in Futures by 39% showing strong long build up Near breaking downword trendline...... It is likely to break the trendline after that we can buy for intraday as well....Longby pravinpatil265
Mcleod Russel Finally Breaks Out Downward Trendline (Bullish)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 Longby NeeteshJain3