MCLEODRUSS Breakout Done... Can Be #Multibagger

Zaktualizowano
MCLEODRUSS (MCLEOD RUSSEL INDI)

About The Company
McLeod Russel India Ltd. engages in the business of cultivation, manufacturing and sale of tea. It operates through the following geographical segments: India, Vietnam, Uganda, Rwanda, UK and Others. The company was founded on May 5, 1998 and is headquartered in Kolkata, India.

Trade Setup
Cmp 28
Any Dip Upto 20 can be bought
For Targets🎯
33 / 41 / 49 / 55 / 60 / 64 / 70 / 77++
WCBSL will be 15


Note: 33 is a crucial zone for breakout confirmation. Hence, stock should close above 33 for quick momentum targets.

Fresh Breakout Above 77 (Weekly closing)
For Targets🎯 79 / 84 / 89 / 92 / 96 / 99 / 101++

Chart Setup For Reference:
snapshot

Tecnical Analysis...

1) Formation Of Flag pattern in Weekly Charts
2) Volume addition
3) At good and strong numbers
4) Breakout Done
5) Potential to be a #Multibagger


Regards...
Harm⭕️nics4Life
13/01/2024


Disclaimer & Risk Warning

I am not sebi registered analyst.
My studies shared here are for educational purposes .. Do Consult Your Financial advisor Before Taking any Trade.....Good Luck!
Zlecenie aktywne
23----28+
Uwaga
consolidating in tight range !!
Uwaga
37.85+
breakoutChart PatternsFundamental AnalysisMCLEODRUSSmultibaggerTrend Analysis

Harm⭕️nics4Life
Twitter: @Harmonics4Life
Telegram: t.me/Harmonics4Life

Disclaimer.
I am not sebi registered analyst.
My studies shared here are for educational purposes .. Do Consult Your Financial advisor Before Taking any Trade.
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