United Spirits Ltd (1D Chart) is testing a crucial resistance zone around ₹1,563.30. A breakout above this level could trigger a strong upward move, with a potential target near ₹1,800.
Resistance: ₹1,563.30
Support: ₹1,516.80
Target: ₹1,800.30
Stop Loss: Below ₹1,516.80
If the breakout sustains, this trade could offer a favorable risk-reward ratio. Watch closely for price action confirmation.
#BreakoutTrading #StockAnalysis #UNITDSP #PriceAction
Resistance: ₹1,563.30
Support: ₹1,516.80
Target: ₹1,800.30
Stop Loss: Below ₹1,516.80
If the breakout sustains, this trade could offer a favorable risk-reward ratio. Watch closely for price action confirmation.
#BreakoutTrading #StockAnalysis #UNITDSP #PriceAction
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.