ShelendrAgrawal

United Spirits Analysis !! BrokeOut

Long
NSE:MCDOWELL_N   UNITED SPIRITS
πŸ“ˆ United Spirits πŸ“‰

This broke out from a Resistance Zone of downtrending Trendline and closed above resistance 890-900 .

On Buy Side I am looking for Targets of 945 and 1005.


StopLoss should be kept below 860-870 zone.
It offers 1:1.5 Risk To Reward.

All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.

Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
Trade closed: stop reached:
SL Hit

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