Mcdowell: wine in a cup?a cup and handle is visible, scrip can go to complete the rounding bottom and then touch the ATH.
UNITDSPR trade ideas
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.
United spirits, Long, United spirits, CUP pattern, wait for a retracement till 800 approx, then enter for good RR, target 880, stop loss small, good portfolio stock too.
MCDOWELL_N - Weekly AnalysisIn the Weekly Chart of MCDOWELL_N ,
we can see that, it has formed Bullish candle.
Looks like it is forming C&H Pattern.
Let it create a Price Action in upward Direction as shown.
MCDOWELL -N (United Spirits Bullish Divergence)Mcdowell should find bottom here as per the divergence formation. Just bellow lies the 2022 low for the stock. Appears to be good entry point.
United Spirits CMP 768
Looks good for short term
Add more around 730-735
TGT 800-840-900+
SL below 720 closing basis
Note : Just an idea not any recommendation to buy or sell the particular stock.
MCDOWELL- N view for 21st FebMCDOWELL- N view for 21st Feb
763 below fall expectation...
Please follow strict risk reward and stop loss if you follow my levels...
Charts for Educational purposes only
Thanks,
V Trade Point
Triangle break down in Mcdowell- N Expecting Double Top breakout
Triangle break down in Mcdowell- N
Please follow strict risk reward and stop loss
Charts for Educational purposes only
Thanks,
V Trade Point
MCDOWELL_N SWING TRADE 1HOURHello TradingView community and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go.
.
MCDOWELL_N
Daily : At support level.
1 Hour : It has taken liquidity from multiple day's low.
*Wait & look for an opportunity and we could see an upside movement.
THANK YOU !!!
Triangle breakout in MCDOWELL-NMCDOWLL-N United spirits view for today 17th feb
Triangle breakout above 796
Charts for Educational purposes only.
Follow strict risk reward if you follow the level
Thanks,
V Trade Point
Mcdowell-N resistance breakout 16th FebMcdowell-N resistance breakout 16th Feb
Expecting a break out above 796
Please follow strict risk reward and stop loss...
Charts for Educaitonal purposes only.
Thanks,
V Trade Point
MCD Looking GoodMCD is Sustaining Near it's Support Zone And Forming Double Bottom Pattern So in Upcoming Days We Can See A Good Upside From Current Level.
MCDOWELLMCDowell broke out of falling trend line on 30 min TF with good volumes.
Could be bought with mentioned stoploss & target.
MCDOWLL near BOStock is under accumulation, good volumes. Still in channel support. Retest failed earlier, could BO this time. RSI is strong.
Wait for confirm BO above channel or swing trade from bottom of channel if it falls.
T1: 975
T2: 1025
SL: Closing below parallel channel support.
MCDOWELL_N BROKE IT'S TREND LINE!!!MACDOWELL_N break it's trend line with good volume target and stoploss is given
MCDOWELL-N New HIGH in Future Days 🔥🏆🎯Watchout Chart For Better Understand in technical analysis help🎯🎯
Mc Dowell showing some strength in chart patternsLook like 20 ma crossing and rounding bottom fst tgt 950 next 970
United Spirits After breaking the downward trendline. McDowell looks promising for 10-15% upside. United Spirits can go towards 1000
Can MCDOWELL_N Break its Trend line If MCDOWELL_N break its Treand line then check the volume. If it is more than average than you can take trade.
i will inform you if it will break it so follow me for trade ideas
# MCDOWELL_N# MCDOWELL_N
# INTRADAY TRADE
wait for a closing of 5min strong candle
then we can wait for bigger targets
