buy MCDOWELL-N above 3300 TGT 3400/3500 SL 3200
FOR LIVE
TRADING LEVELS WHATS UP ME
ON 09039542248
TECHNICAL
VIEW: After showing correction
from the higher level, now MCDOWELL-N is trading in short term recovery phase,
it is likely to continue the upside move in near term with the crossing of the
resistance level of 3370 as the stock is managing to sustain above the level of
3500. It is likely to continue the positive movement with the breakout of
the pattern at the levels of 3370. 22 and 55 days moving averages seen as resistance
level with the RSI of 45. After breakout, One may get the targets
of 3400,3500 in the stock with the stop loss of 3200. Primary trend of
the MCDOWELL-N is bullish. Strong Support level seen on daily
chart at 3200 and 2935 AT 200 EMA .
DAILY
CHART FOR MCDOWELL-N: