Looks like breakout from trendline, above 50, 100, 200 EMA levels ... Add to watch-list - trade carefully. Please do you own analysis ...
United Spirits post its Q4 results has reversed from a bearish Harmonic Crab pattern in daily time frame suggesting retracement till 560-550. The view would negate above 605.
The 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...
As 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.
JUST FIXED YOUR TARGET 1H GOOD EVERY LOSS RECOVER EASILY
Mcdowell, if sustains below 590 can see 540 levels initially and further selling may trigger if it closes below it ,which can take prices to 500 levels
United Spirits or MCDowell_N is at strong support unless break out is downside it should fly
NSE:MCDOWELL_N gave a breakout from triangle & resistance.
Short Term Cash Buy MCDOWELL-N @608.00-612 SL 592 TGT 648
Mcdowell at multple support levels. if it holds 550 levels, it is most likely to bounvce back towards 600 levels
Above 628 Target will be 672 to 700 and above
Mc dowell has rallied about 25% in past 8 trading session and it also closed above it previous resistance around 570 levels. Currently Its taking resistance T Fib extension levels around 616. The structure of the stock is now of higher highs and higher low, hence any pullback can be an opportunity to enter long in the stock. I will be eyeing 570 -550 zone for...
* Price Making Higher High . * After Touching FIB 0.618 Level Price Consolidating B/w 510-550 Price Range . * Previous Candle Dozi (Shows Indecisiveness B/w Buyer And Seller ) * Trend Line Break Out . Which Shows Buyers Shows Some Strength . Elliott Wave Analysis . * Looks Impulse Wave 4 Is Completed And Wave 5 Is About to Begin . Trade Setup . ** ( For...
UNITED SPIRITS - GO LONG WITH A SL OF 611 AND A TARGET OF 1027. TARGET SHOULD BE ACHIEVED BY MARCH 2021
Bullish Gartley United Spirits PRZ 603-604 SL 592 Target 616/626 Chart By AM
The downside might be limited in this stock. A break of the upper line could result in the continuation of the up move.
5th wave pending. UNITED SPIRITS (MCDOWELL-N) - INVEST BETWEEN 2220 -1980 SL. 1688