BUY ABOVE 585 SL=582 TARGET=608/620
#Mcdowell Looks perfect Cup and Handle for next target as 700 if it crosses 592 and gives closing above it on Daily. And in this month we can definitely looks bullish for this one :)
Price took the box support currently @ the interim resistance, if breaks above then expecting to reach the top. positives - Q2 results.
Short to medium term investment idea with good risk to reward ratio.
Good volumes seen NSE:MCDOWELL_N
We could see a good in this stock as the stock has been continiously testing the resistance at 980. Also their is chance for a breakdown below 960. Buy above 980 Sell below 960 Note: Avoid the stock if a big gap up or gap down is seen Enter after the breakout happens and not before it Do not chase the market, i.e., do not get involved in late entries ...
Today rejected at 200ema and a horizontal trendline resistance in hourly. Stock is a good buy on dips. Target: 560 SL: 506 on hourly closing basis
As per the day pattern, uptrend. Enter when hour pattern breaks-out.
Looks like Mcdowell could retrace towards 450 before making the next move to 600+
buy at bottom strong candle with decent volume rsi turn from 40 above 590(above 200 sma ) bearish below 565
MCDOWELL_N - - Bullish setup 4 Hours chart analysis Harmonics Pattern Hope my Chart Helps !!!!
Demand zone at daily Time frame Golden crossover support Trail your SL and enjoy the rally
Buy if it closes above 586 on the 15 min chart for targets of 598 & if it sustains above 600 then higher targets.
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