It has reversed from Bullish Bat in hourly time frame. It could do a retracement till 570. View negates below 540
MCDOWELL had just broken out and closed above the resistance trendline in daily timeframe. One can use this opportunity and go long by opening or wait for a retest and reversal around 625 ranges in hourly timeframe. Target for this breakout shall be 665 to 670 ranges and SL to be maintained is 614 ranges.
"Diamond Breakout" Best Buy B/w 605-615 Add More If In Panic Price Fall To 580-585 Strict SL - 566 (WCB), Target - 670/730
United spirits is back at a previous support line. "A previous support line offers resistance" and the stock is at the resistance here. If it breaks decisively, go long from here. Please like and follow. NSE:MCDOWELL_N
A Symmetrical triangle is a clear cut indication of consolidation followed by a breakout. A BIG BREAKOUT........... Adding to that is an inverted head and shoulders pattern which indcates a bullish breakout. 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...
Getting ready for move above 580 Tgt 600/625
MCDOWELL_N is near a resistance level that if broken can turn into support and a target of 650 can be reached in short term.
NSE:MCDOWELL_N 1H Short term 1-2 week S&R and trendline
Im not an expert im just sharing my views on MCDOWELL_IN (United spirits) for tomorrow Im not responsible for any profit or loss this is not a recommendation
Good volumes last few days. Higher highs, higher lows. Good trend for long. NSE:MCDOWELL_N am starting a new telegram channel. To join my telegram channel, leave a comment with "interested."
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.
UNITED SPIRIT Make Rounding pattern so if break 642 level then you can add in your buy watch list.
Invesrse Head and shoulders pattern in UBL. Broke Neckline of 1067 today with very heavy volume at the end of the right shoulder. CLear long signal.. Major resistance is near 1200 levels. 1200 is on the cards very soon.