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.
Exciting Bullish Pattern Alert! 🐂 📊 Pattern: Hut Pattern 📌 Symbol/Asset: MCDOWLL_N 🔍 Description: Stock has made Hut pattern and around the resistance stock should give breakout above the resistance then we can see huge upside from hereon. 👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation. Technical patterns are...
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
BUY above high of brakeout candle at 796.05 with sl of 787.95 minimum 1:2 take profit
United Spirits chart pattern looks very good to hold on for long term (next 4-5 years). Even though stock is looking for a small correction of 10% and to trade in sideway range of 10% levels up-down in short term and is a good to hold it for long term. Stock have a strong support at 500 levels which is 30% away from current level and it will be good to go for 1:1...
BUY - GM BREWERIES CMP - Rs. 599 Target - 1: Rs. 810 Target - 2: Rs. 1020 . . Technicals - 1) Bullish Flag BO, supported with high volumes. 2) Historical trend ranging from August' 15 to May' 18 resembles the current trend, indicating a bullish continuation. . . Fundamentals - GM Breweries Limited (NSE:GMBREW) is an Indian company engaged in the manufacture...
NSE:MCDHOLDING After Bullish Pole & Flag BO Price moving up in Parallel Channel CMP of 851 is above medium & Long Term Exponential Moving Averages Targets : 951 - 1081 - 1161 SL : 744 Consumption Stock RSI Trending up
USL looks very good and has been consolidating for a very long time. This is the second phase of consolidation after breaking out of its range of many years. Keep it on watchlist and this can be a true multibagger in the coming years.
📈 United Spirits 📉 This broke out from a Resistance Zone of downtrending Trendline and closed above resistance 890-900 . On Buy Side I am looking for Targets of 945 and 1005. StopLoss should be kept below 860-870 zone. It offers 1:1.5 Risk To Reward. All Important Supports and Resistances are drawn in chart. All levels are on closing basis. Please have a...
Stock is taking a zig-zag correction. Any bounce should be taken as selling opportunity preferably in the region of 825 with SL of 860 and look for the target of 725/680
The analysis is done on weekly TF hence price may take few weeks to few months in order to reach the targets. Trade setup is explained in image itself. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my other ideas to understand how one can earn from stock...
Short to medium term investment idea: Mc Dowell Bullish above 945 SL 912 TGT 1040 / 1285 / 1350 * Buy 1000CE JAN Expiry at 7-9 (SL 4) TGT Double
The analysis is done on 15 minutes TF hence price may achieve targets in a day or take a few days. Trade setup is explained in image itself. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my other ideas to understand how one can earn from stock markets with...
head and shoulder breakout................................................................................................................
The stock has retraced upto fib level of 0.5 and has now started moving upwards hence it can be considered for buying.
This is follow-up on United Spirits. Can check link to related ideas. Target 1 achieved. More than 14%. Target 2 is ON. Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please...
MCDOWELL share is near to breakout either it goes down or up. . We also gave this old Setup around one week and it gives a good profit to the trader. . Now for tomorrow if MCDOWELL share goes above 834 you can buy this trade. . If stock goes down below 815 we can sell this trade. . What's your view on this comment below in the box.