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Mcleod Short Setup (Symmetrical Triangle Breakout)

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MCLEOD RUSSEL INDIA LTD. (BSE:MCLEODRUSS)  
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BSE:MCLEODRUSS   MCLEOD RUSSEL INDIA LTD.
breakout Symmetrical Triangle mcleod
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breakout symmetricaltriangle mcleod
It is been observed that the price action firstly broke from a symmetrical triangle on daily chart, indicated bearishness in the price action. Now, the price action breaking new support levels and forming lower lows, again indicating further bearishness ahead.

Target: 160
Stoploss: 175

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