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Target: 169, 177 & 204
Support : 161 to 165 on closing basis,
This is My Personal View
Please Do Your Own Analysis
Tea seems to be an interesting play post all the rains around India.
on oxygen (seems Last support)
reversal or inevitable Fall ..?
..... 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).
Volume breakout in MCLEODRUSS @ 192. Stock can move 220+ in near term maintain SL 178
Bullish view should start moving up
Breaking out of descending trending line. any close above 170 can do 192-200-215. September result is blockbuster
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)