McLeod Russel is heading to a reversal zone at 265

Winning Stock Price Structures

Sunday, August 15, 2010

0.786 retracement (292 –> 165) is at 265. The volume is not as convincing for it to go to 292. Hence a consolidation phase and a drop to 228 is likely.

2010Aug-MCLEOD RUSSEL INDIA LTD.-640x507

Labels: MCLEODRUSS

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Winning Stock Price Structures

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