Please use 3mins chart if the script open and close within the Green and Red Line its high probability trade do not waste time if open Gapup and Gap down. Can Initiate position as per the direction.
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
2 possible cases:
1. can make the rectangle box a support and rise. Go Long and hold
2. Can go below the box and rise up again from the blue trendline. You may want to go Short first and then go for Long and hold.
Add it to your watchlist
Buying oppurtunity can be seen above 618
Target 1 - 628
Target 2 - 638
TIGHT SL according to your risk!
Disclaimer : Only for educational purpose. Please consult your financial advisor before putting money into the market!!!
Levels are mentioned on chart for Swing trading.
Please check the description section for early entry level in given stock to get better Risk to Reward ratio.
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Early entry: 600
SL: 575
Target: 655
RR: 2.2
Thank you. Happy Trading!!!
Best...
NSE:MCDOWELL_N
United Spirits gave a strong breakout from its triangle pattern, and has given a 7% move.
It is facing resistance at 610/612 levels.
Stock might consolidate around these levels for sometime before making another upmove towards 650. NSE:MCDOWELL_N
INTRADAY TRADE IN MCDOWELL-N(UNITED SPIRITS)
BUY@563
STOP@556
TARGET@573
QTY=1000(CASH)
!!please note trade with caution!!
!!manage your risk!!
!!trade-wise!!
!!please adjust for future rates!!
!!intra-day ideas series everday at between 9:30 to 10:30!!
MCDOWELL is looks like to give a breakout ones if it break 580 and above go long with proper stop loss
note: only for study purpose only trade with risk
