Buy McLeod Russel on declines: Mitesh Thacker
"208-205 will be the preferred buying area for McLeod Russel over here."
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| Updated: In a chat with ET Now, Mitesh Thacker, Technical Analyst, miteshthacker.com, shares his views on McLeod Russel.
What is the call on McLeod Russel?
McLeod was a buy recommendation by us couple of days back and yesterday also. It has met the first target of 214-215 which was some minor supply point but overall.
This rally will go towards levels of 230 to about 235 which is the 200-day average and I would be comfortable buying into this in case we get some intraday dip.
208-205 will be the preferred buying area for this stock over here.
What is the call on McLeod Russel?
McLeod was a buy recommendation by us couple of days back and yesterday also. It has met the first target of 214-215 which was some minor supply point but overall.
This rally will go towards levels of 230 to about 235 which is the 200-day average and I would be comfortable buying into this in case we get some intraday dip.
208-205 will be the preferred buying area for this stock over here.
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