We have taken a historical view of United Spirit It's moved till now And what we are expecting for future we have seen few levels for trading purpose We have marked few levels as 1065 for up move We have set S L level at 1025 Or 1040 one can pick depending on their investing perception Now, what we are expecting as a target is one, 1005 level. this study is only...
Entry: 996 Target: 1078 SL: 955 NOTE: This trade is only for Equity Swing buy and not to be considered for options trading. Please do follow Position Sizing and Risk Reward Ratio while planning any trades. Note: This information is for education purpose only and please do your own research and consult your financial advisor prior to taking any action. TO...
United Spirits ltd. (McDowell) is engaged in manufacturing of alcoholic beverages. It manufactures the collection of brands such as Royal Challenge whisky, McDowell, Signature, Black Dog, four Seasons, Honey Bee etc. brand. They have 50 manufacturing facilities across India. United Spirits CMP is 817.05. Negative aspects of the company are high valuation (P.E....
After breaking the downward trendline. McDowell looks promising for 10-15% upside. United Spirits can go towards 1000
----- Welcome, dear followers! ----- - Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns. - For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me. - If a price...
United Spirits - Enter after the breakout. If it sustain above 895 it can reach +1000 approximately 15% ROI expected.
The idea here is about United Spirits (McDowell_n). Mentioned below are the points to be considered Points as per TA on a Weekly Chart: 1. Engulfing candlestick formation on a weekly chart at the time of publishing. 2. Anti Cypher Pattern looks ahead. 3. Downtrend Channel resistance tested might break the channel in coming week. 4. Resistance on 20 EMA on a...
Mcdowell is holding its previous support area for the past 2 months, hence sustaining the same, it could be moving towards its previous high.
last 2-3 weeks we seen huge buying in UNI coin, in upcoming months its to going pump very hard. entry and targets are given on the chart. Treat this idea as long-term investment please Like and comment if there are any queries. #bitcoin #altcoinseason #altcoin #altnews
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby. Risk Reward Ratio - 2:1 SL is placed below the support zone & the lower trendline. The target is placed near resistance.
United spirits has given a breakout signal in DTF. Any retracement to the trendline again in a couple of days is a good entry point. Dont FOMO
Earnings on 25 Jan 2022. Symmetrical Triangle setup, can go in any direction based on the earnings. However on daily chart a Bullish Hirani candle is formed indicating an upward movement. Targets on the chart.
United Spirits (Mcdowells) - Bounced from the bottom of the ascending channel, minor resistance at 950, on crossing, uptrend may continue to previous highs, HH-HL formation seen. RS is strong. CMP>20DEMA>50DEMA>200DEMA. Will be weak if breaks down below the channel. Only for educational purposes, not a buy/sell recommendation.
Buy @ 801-816 Break out after consolidation of 6 years Cmp 827.70 Pe 88.4x Roce 13.3% Roe 9.49% Mcap 60144 cr. Enterprise value 61097 cr. Reserves 4094 cr Products:- johnnie walker, black dog, black & white, vat 69, antiquity, signature, royal challenge, mcdowell’s no.1, smirnoff and captain morgan.
The stock has broken out with good volumes and retested therefore it may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby. Risk Reward Ratio - 2:1 SL is placed below support zone & the previously upper trendline. The target is placed based on fundamentals.
United Spirits - Company is turning around, heavily reducing debt and will be debt free shortly. Breaking out at multi month levels. Can potentially be a multi year breakout once it breaches 815
The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets. Trade setup is explained in image itself. Below is the zoomed in image for better understanding Checkout BATAINDIA trade (linked below) to understand how to trade Morning Star formation Also, you can check out previous analysis of MCDOWELL as well...
Price action along with level are drawn on the chart.