Saturday, April 2, 2011

MCLEODRUSSEL: Elliott Wave

McLeod Russel is all set to head to moon. The stock is making possibly a 'continuation head and shoulder'. I reckon the stock which is now trading at Rs. 260 can reach 400. In fact on a longer term, i am turning to be a major bull on the stock.

Here is the chart daily and weekly:




These studies are based on technical analysis and the author nor the webpage shall be responsible for the profits or losses. The author may or may not have personal holding. We are all students

No comments: