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Chinmayonniftyy

United Spirits: sleeping giant awakened

Long
UNITED SPIRITS (NSE:MCDOWELL_N)  
Chinmayonniftyy  
NSE:MCDOWELL_N   UNITED SPIRITS
Trend Analysis Chart Patterns Technical Indicators MCDOWELL_N unitedspirits Bullish Trend Line breakouttrading bestbuy profitabletrading
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trendanalysis chartpattern indicator mcdowell_n unitedspirits bullishtrendline breakouttrading bestbuy profitabletrading
United Spirits has formed symmetrical triangle pattern on monthly time frame. Closing and sustaining about 583 can lead to potential breakout.

Target: 715

Strengths

1) PRICE ABOVE 30 DAY SMA
2) RSI IS MID-RANGE
3) MARKET LEADER IN INDUSTRY
4) PROFIT AND REVENUE HAS BEEN INCREASING EVERY QUARTER FOR THE PAST 2 QUARTERS.
5) COMPANY WITH LOW DEBTS.
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