MCDOWELL-N is about to give a good monthly close

After a good monthly close MCDOWELL-N can go to 900 plus levels or even break 100 level for a medium term target.

Trade closed: target reached:

For higher target around 1100 to 1200 =>
McDowell is showing strong consolidation and accumulation in 800 - 900 range. Need to break around 940 for a further good up move. Strong support at 800, if breaks 800 possibility of touching 650 - 700, from where it will bounce back sharply.