Wedge pattern breakout and another Trendline which was tested multiple times and ready to break, Monthly and Weekly candles also looks strong with good volumes and if a day candle closes above 890 - 900 level we can anticipate a quick move in Mcdowell (United spirit) till 1000 levels. -educational purpose only.
MCDOWELL (1D TF) Swing Trade Analysis given on 6th December, 2023 (Wednesday) Pattern: REVERSAL FROM SUPPORT TRENDLINE - Volume Spike Buildup Near Support - Done ✓ - Moving back to Resistance - In Progress #stocks #swingtrade #chartanalysis #priceaction #traderyte #mcdowell
MCDOWELL breaking f&p pattern on #weekly basis with good volume new year ahead enjoy happy new year educational idea only
THIS RESEACH ACTIIVE TILL JAN 2024/FAB2024 entry points near the 1080 stop loss points 1050 target levels 1 1200 target levels 2 1240 target levels 1 1280 target levels 1 1340 IF NOT SPSTOPLOSS IF ANY CHANGES HERE YOU GET UPDATION OR PING ME ON COMMENT BOX
Hii all.. Greetings... Today i'm sharing with you Daily Chart of McDowell - United Spirits. Chart has formed a very good rounding Bottom Pattern. the Pattern has already given a breakout at 940, but stuck in a price range of 984 to 1017 as soon as Resistance of 1017 is broken we are going to see a big move on the upside with approx. TGT of 1146...
Investment Pick : United Spirits Cmp - 768.75 SL - 700 ( Monthly Closing Basis ) Target - 1280
1. Pinbar occured at S/R zone. 2. Fibonacci Retracement correctly placed at 61.8% 3. MACD Divergence. 4. Big Round Number 800.00
Taken into consideration 946.25 as resistance and top zone taken into consideration 739.25 as support or bottom zone from low on 17th June 2022 to high on 9th December 2022 is 100% approx. Green arrow indication on chart. and from high on 9th December 2022 to low on 27th Jan 2023 is 100% approx. Red arrow indication on chart. //basis of above facts downfall...
Chart patterns look prudent for the above titled opinion REASONS 1. MCDOWELL_N has been trading inside a Ascending channel pattern (taking support and resistance at perfect channel levels)( shown below Monthly chart for broad view) 2. Monthly Breakdown by witnessing the January month candle(with volume bump) with low too tested the next month 3....
McDowell is at a support on monthly chart and is at previous low. Expect the stock price will go up from here. Target - 780; SL - 720
Just now United spirits came in Buying zone <> Expecting 14 % upside and 9 % down side If break Buying zone
MCDOWELL_N forming a rising channel pattern on daily time frames,but still sustaining over 200 day MA Note:- for learning purpose only
Trade Or Invest Wisely. We Can Just Predict. Disclaimer: I am not a SEBI registered advisor, so before entering on my view please ask your SEBI registered advisor. Profit is your and loss is your. Please like and share if you agree with the idea.
Mcdowell giving breakout above 904-905 Tgt looking 910-915-920++ Keeping on radar Mcdowell 900 CE
MCDOWELL, Trend line and Triangle Breakout , Bullish NSE:MCDOWELL_N VERDICT MCDOWELL Breakout Long Term Trend line and Triangle Indicators Bullish Volume High T1 935 T2 958 T3 1019 Positional SL 860 Only For Study Purpose
MCDOWELL-N (United Spirits Ltd) is looking bullish in daily & weekly chart. CMP: 871 | Target: 1000 | SL: 825 (On closing basis)
A simple retest entry before the swift move An ICMC on the downside followed by rotation and then a retested rise to 883 from 861
#Watchlist #MCDOWELL_N (W):-CMP 878 looking good for 1000/1020++, Only above 885/890 Weekly Closing. #Disclaimer:-View shared is for educational purposes only. #StockToWatch