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Mcleod

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
BSE:MCLEODRUSSLong
by NeeteshJain
MCLEOD RUSSEL IN STRONG BULLISH TRENDAs per my analysis, I believe Wave 1 cycle (containing 5 impulse waves and 3 corrections waves, total 8 Waves) has completed and the buyers have moved in to take prices further up for a new wave. It will be a Wave 3 impulse extension. I believe it is a good time to get long in this one for all day traders, swing traders and investors. Initial RISK/Reward = 1:2 Swing Trade: 1:5
BSE:MCLEODRUSSLong
by NeeteshJain

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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