EquityCheetah

Trade on breakout from the marked zone

NSE:MCDOWELL_N   UNITED SPIRITS
Long if hourly candle closes above 603.
Short if hourly candle closes below 595.
Target 15 points from entry.
SL 10 points.
Comment: Trade opened at first close of candle above the suggested 603 level.
Trade entry at 605.5. Target achieved without going down from entry.

For someone still holding the stock, 630 is a good next target/resistance.
Comment: Target of 630 reached as well.
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