multi year breakout can come , this stock has not moved since 2017 , it was moving in range , this could be multiyear breakout from reisitance
mcdowell chart analysis for intraday and swing trading
🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ****** Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have...
United Spirits making Higher High and Trendline Breakout with good volume Entry: 1) If it come for Retest we can buy @660 level with confirmation. 2) If price Sustain above above 675 level then we will go long. Sl: 650 Tgt: 720 *Always Enter With good confirmation & Maintain proper Risk Reward. ******* Knowledge Purpose only ******** >> Visit My Ideas Page...
It will break out of falling trend line resistance and will attempt to regain its glory once it is beyond 700.. Keep an eye for a big move. . Also up-coming festive seasons and unlocking will see a further increase in sales and volumes and help it cross that level.
🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ****** Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have...
👑 Terms used if you don't know : ✣ Contraction pattern: A pattern starting with a broadening high candlestick and low candlestick and converging to a fixed point, these highs and lows created in between them are bulls vs bears fight going on inside the pattern and if it comes to the lower part of it, surely bulls will take it to the topmost point and vice-versa...
mcdowell chart analysis for intraday and swing trading
mcdowell chart analysis for intraday and swing trading
Mcdowell facing resistance near mid term supply zone of 680 to 685 levels RSI also cooling off from above 80 levels Immediate support at Fibonacci retracement level of 615 to 621 level Keep SL of 685 on daily closing basis Do your own analysis before trading
MCDOWELL_ UNITED SPIRITS is at a very good accumulation zone with near to its support. With the market uncertainty this would be a stock one must have in his portfolio. Currently this stock is heading for its 5th Wave and The targets that are visible currently are 606.45 in mid term and 646- 678 in long term. Incase of any doubt, please feel free to reach...
DAILY CHART ANALYSIS #WHIRLPOOL NSE: WHIRLPOOL Short Term Quick Profit CMP 2351.20 Target 2663.70 SL : 2190 Timeframe < 60 Days Can hold for longer time Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken...
MCDOWELL_N trading in symmetrical wedge pattern. If it gives breakout of this pattern then possible it will give 800+ short term target and 1100+ for long term investment target. Possible Trade: Buy MCDOWELL_N Above 650 Stop loss - 515 Target 800(Short Term) 1100+(Long Term)
McDowell looks good here at CMP with R:R ratio of 1:3 for short to medium term. One can manage his position as per the charts provided.
watch for 15 min close above 1235. can give good upside move NSE:UBL
United Spirits has formed symmetrical triangle pattern on monthly time frame. Closing and sustaining about 583 can lead to potential breakout. Target: 715 Strengths 1) PRICE ABOVE 30 DAY SMA 2) RSI IS MID-RANGE 3) MARKET LEADER IN INDUSTRY 4) PROFIT AND REVENUE HAS BEEN INCREASING EVERY QUARTER FOR THE PAST 2 QUARTERS. 5) COMPANY WITH LOW DEBTS.