praveen.bhatiya
Long

Divergence reversal Long

NSE:MCDOWELL_N   UNITED SPIRITS
Indicators are telling that price may try to reverse at this level, specially the RSI divergence when appears in oversold area. I will go long with small stop loss just some ticks below the low made today. IF it works it can give decent return so one can take chance by risking small amount. Good Luck
Trade closed: stop reached: Didn't work so closed with stop loss.
sir.. can i buy this now.. what should be my target for swing trade..
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You can take chance if you like. Trading is always taking risking and money management. Regarding profit one can expect 2340/2360 today so offering good risk to reward ratio.
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