Get started
seekedgetrade

#Unitedspirits 6 year resistance rounding pattern breakout

Long
UNITED SPIRITS (NSE:MCDOWELL_N)  
seekedgetrade  
NSE:MCDOWELL_N   UNITED SPIRITS
Trend Analysis Chart Patterns Technical Indicators unitedspirits mcdowellbuy resistancebreak roudingbottom roundingpattern breakoutstrategy momentumbreakout
1
0
trendanalysis chartpattern indicator unitedspirits mcdowellbuy resistancebreak roudingbottom roundingpattern breakoutstrategy momentumbreakout
6 year old resistance has been clearly broken when breakout happened last week.
Volumes are above average with momentum and trend indicator bullish on all time patterns
It is rounding pattern breakout on long term timeframes too and could be forming cup and handle as well.
Up move is expected to sustain considering all these
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.