United Spirits Ltd. (NSE: MCDOWELL-N) - Technical AnalysisKey Observations:
1️⃣ Bullish RSI Divergence:
The RSI indicates a bullish divergence, suggesting potential reversal or upside momentum.
2️⃣ Breakout from Descending Channel:
After a period of consolidation within the descending channel, the stock has broken out, supported by improving momentum.
3️⃣ Volume Profile Support:
Strong accumulation zone observed between ₹1,440-₹1,490, indicating demand at these levels.
4️⃣ Fibonacci Levels:
Resistance levels are identified at ₹1,491, ₹1,541, ₹1,591, and ₹1,634 based on Fibonacci retracements.
5️⃣ Moving Averages:
The stock is trading above key short-term moving averages, reinforcing the positive trend.
Trading Strategy:
🚀 For Long Positions:
Entry Zone: ₹1,440–₹1,460 (if price sustains above breakout level).
Targets: ₹1,491, ₹1,541, ₹1,591.
S top-Loss: ₹1,430 (below support zone).
⚠️ Risk Management:
If the stock re-enters the descending channel, it could invalidate the bullish outlook. Monitor price action and volume closely.
Outlook:
With the RSI divergence, breakout confirmation, and strong support at ₹1,440, United Spirits Ltd. presents a promising bullish setup for short- to medium-term gains. Watch for sustained volume as the price approaches resistance levels.
💬 Your Thoughts?
What’s your take on this setup? Share your views below! 🚀
Unitedspirits
United spirit 3rd December, 2023( language Hindi)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 for informational and educational purpose only Please do your own research before taking any trade
Swing Buy Opportunity in United SpiritsEntry: 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.
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United Spirits looks high in spiritsUnited 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. = 52.3), declining cash from operations annual, FIIs decreasing stake, promoters holding decreasing & high promoter pledge. Positive aspects of the company are improving annual net profits, no debt & MFs are increasing stake.
Entry after closing above 821. Targets in the stock will be 853 & 892. Long term target in the stock will be 912 & 950. Stop loss in the stock should be maintained at closing below 728.
UNI/USDT - SHORT----- 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 reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --
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⚡️⚡️ #UNI/USDT ⚡️⚡️
Client: My-ByBit USDT
Trade Type: Breakout (Short)
Leverage: Cross (3X)
Entry Targets:
1) 7.170 - 100.0%
Take-Profit Targets:
1) 7.080 - 20.0%
2) 6.948 - 20.0%
3) 6.841 - 20.0%
4) 6.704 - 20.0%
5) 6.537 - 20.0%
Trailing Configuration:
Entry: Percentage (0.0%)
Take-Profit: Percentage (0.5%)
Stop: Breakeven -
Trigger: Target (1)
United Spirits (McDowell_n) Waiting for Breakout.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 weekly chart, support established on 50 EMA & Trading above 200 EMA on weekly chart.
4. Kumo Twist & Breakout on a weekly chart is neutral & currently consolidating. However, Kumo Breakout & kumo Twist on daily chart is strong for a upward momentum.
5. RSI is at 49.34 on a weekly Chart at the time of publishing.
6. MACD Crossover signal line on weekly chart.
7. Hull Moving Average is a Buy Signal on Daily, Weekly & monthly chart.
8. Enter long if Price breaks above the resistance. In, any case keep a price alert.
9. Volume Spike in weekly chart signals strong Momentum.
Projected targets as per Anti Cypher Pattern & Downtrend channel provided in the chart.
Stop Loss: Enter only if price breaks the trend & Retests.
Disclaimer: “The above is an Educational idea only and not any kind of financial or investment advice. So please do your own DD (Due Diligence) before any kind of investment”.
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entry and targets are given on the chart. Treat this idea as long-term investment
please Like and comment if there are any queries.
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United Spirits (Mcdowells-N) - In an ascending uptrend channelUnited 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.
MCDOWELL_N (UNITED SPIRITS LTD)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.
United Spirits Short Term BreakoutThe 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.
MCDOWELL - Morning Star formation at retest - Swing TradeThe 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 (linked below)
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade.
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups.
Feel Free to connect with me for any query or suggestion regarding this stock or Price Action Analysis.
MCDOWELL - Great Risk to Reward Opportunity - Swing TradeThe above analysis is done purely on basis of Price Action & Chart Patterns.
The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets.
Trade set up along with the logic has been explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study before entering into any trade. Traders must trade as per their own risk taking capacity and money management.
Feel Free to comment or message me for any query or suggestion regarding this stock or Price Action Analysis.
Checkout my other ideas on similar concept, linked below, to understand how one can earn from stock markets with simple trade setups.
United sprits to have some good times aheadAs the festival season all around the world, demand for alcohol to rise which can give benefits to all good alcohol making companies.
From my point of view from next week we can see some good rally in the counter
TP1 - 610
TP2 - 640
&
TP3 - 670
Keep stop loss below 550 good luck everyone.