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TradZoo
Feb 9, 2021 6:07 PM
Uptrend Channel Breakdown in MCDOWELL_N For Target of 500
Short
NSE:MCDOWELL_N
1D
UNITED SPIRITS
NSE
Description
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Feb 9, 2021 6:07 PM
Last week MCDOWELL_N breakdown its uptrend channel and retrace again its breakdown level. In today's session, it gives a breakdown of its retracement support. After this breakdown expected downside target will be 500 in this stock.
Support and Resistance
Parallel Channel
Technical Indicators
uptrendchannel
breakdown
MCDOWELL_N
shortsetup
priceaction
Comments
ankur039943
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Feb 10, 2021 9:14 AM
Good observation, It will defiantly fall because it confirm with retracement.
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