MCDOWELL_N
United Spirits gave a strong breakout from its triangle pattern, and has given a 7% move.
It is facing resistance at 610/612 levels.
Stock might consolidate around these levels for sometime before making another upmove towards 650.
MCDOWELL_N
Comment:
22/05 It has fallen to 589 levels and trade was not initiated as candle hasn't closed above 610.
Comment:
Possibility of pullback from upper trendline. Trade will be initiated if there is Price action confirmation h
Trade active
Comment:
Exact target of 610 hit. View above 610 still valid once there is a breakout.