Unitedspirits
United Spirits Ltd for Long term Investment?Starting date 01Nov2006
Then after that he met his First High on 01Oct2007 @439.15
Then after that he met his First Low on 01Jan2009 @85.21 and that's an All-Time Low.
All-Time High on 03Jun2024 @1,334.85
If you are looking for an entry then it must be @796.70 - @730.95 because you can see a BOS & BOS comes with POI "MPOI" which means there will be mitigation @796.70 - @730.95 for LONG side.
Diageo India incorporated in India as United Spirits Ltd.(USL) is the country’s leading beverage alcohol company and a subsidiary of global leader Diageo PLC. The company manufactures, sells, and distributes a wide portfolio of premium brands such as Johnnie Walker, Black Dog, Black & White, VAT 69, Antiquity, Signature, Royal Challenge, McDowell’s No.1, Smirnoff and Captain Morgan.
USL has the highest market share of 25% in the Indian spirits industry It is the 2nd largest spirits company in the world. The company has ~45% market share in the Indian Whiskey market. Whiskey accounts for over 60% spirits sale in India.
USL has a comprehensive brand portfolio with more than 80 brands of Scotch whisky, IMFL whisky, brandy, rum, vodka, and gin. Out of these, 9 brands that sell more than a million cases each year, of which 1 brands sells over more than 25 million cases each annually.
The Co. has a pan India manufacturing presence with more than 37 facilities and a distribution network of 70,000 outlets.
Market Cap 93,803Cr INR, Stocks P/E 68.2, Current price 1,290INR, ROCE 27.9%, ROE 21.0%, ROE 3yr 19.6%, ROCE 3yr 24.3%, Return over 3yr 25.6%, Return over 5yr 16.7%, Promoter holding 56.7%, Debt to equity 0.04% Company is almost debt free, Industry PE 31.8, Net profit 1,408Cr INR
This Company has a very good HOLD in this industry. And so I think this company is good for long-term investment.
I WELCOME YOUR THOUGHTS. BE SURE TO SHARE YOUR THOUGHTS ON THIS.
UBL is ready for Correction UBL us around the long term Resistance !!
UBL may correct around 2200-2300 level if Resistance is not broken
Also if anyone already has the stock then they may use trailing Stop Loss to limit their Loss and to book Maximum profits from it
Also Stock is making Broadening Pattern on a Daily timeframe
If stock sustain above 2200-2300 levels then It will be multiyear breakout and we can see huge upsidde in months to come
But for now Its around the resistance !!
Thank You !!
Mcdowell (United spirit) strong above 890levelsWedge 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.
Awaiting BreakoutHii 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 levels.
Thanking You
Nikhil Choudhary
Important Things
1. This is only for educational purposes only.
2. Never over trade.
3. Always keep Stop Loss.
4. Trade in limited quantity.
5. Taking a small loss is better than wiping up your whole capital.
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Disclaimer – These ideas shared by me to all are my personal analysis / views. Im not a SEBI registered technical analysis.
United Spirits, for Swing trade and Positional tradeThe best company with strong technical and fundamental.
Double bottom formed and gave breakout last week.
Conservative traders wait for retrace and then go for entry.
Aggressive traders can enter at the Current market place itself.
Short term Target 1220 🚨SL must, it depend's on your risk appetite
Long term Target Hold for decade
🚨DYOR
United spirits Technical analysis -1W chartUnited 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 RR.
Buy -> 750-775
Sell --> shortterm --> 950-980
long term --> 1200
Stop loss --> Short term - 650-675
Long term can hold upto 500 levels and average it
United Spirits Long opportunityNSE:MCDOWELL_N
Stock -> United Sprits (McDowell)
TimeFrame -> Weekly
Hello all!
United Spirits had been moving in a Symmetrical triangle pattern since 2012. It finally broke out of it 9 years later in September 2021 post which it started moving in a flag and pole pattern. After a year in October 2022, it broke out of its flag. This makes for a good opportunity to go long!
The confluence of two bullish breakouts combined with support from 50-week EMA and both 200 and 50-day EMA further strengthens my conviction.
Risk to Reward ratio also seems decent.
*NOT A CALL*