UNITED SPIRITS - Short-term bullish
1. Symmetrical Triangle pattern breaksout.
2. Next target will be 827.
3. It's short-term for the swing traders.
Note:
1. I’m not a SEBI Registered advisor, my research is personal and for educational purposes only.
2. Always check with your financial advisor and take the trade as per your risk/reward ratio.
3. Follow me for...
UNITED SPIRITS (MCDOWELL) - Long-term bullish
1. Due to the market reversal trend all the stocks are in a bearish trend.
2. Now it's in a good support zone 714.
3. Based on the negative trend this stock will be under pressure in the upcoming weeks.
4. Next supports are 660, 610, and 570.
5. My strong feeling is, that it won't cut the 650 to 660 level, it has very...
NSE:MCDOWELL_N
#NSE:MCDOWELL_N formed rounding bottom and in consolidation whole day, high chances to BO and good above 828.5 with SL.
Only for Practice.
Happy LEarning !!
NSE:MCDOWELL_N
Stock -> United Spirits (McDowell)
TimeFrame -> Weekly
Hello all!
United Spirits broke out of the symmetrical triangle pattern on 27 September 2021. The stock since then has been consolidating ever since thus forming a flag and pole pattern and has now finally come to retest the triangle it broke out of. It makes for a good opportunity to go...
United Spirits has started wave cycle from 85.20 .
Wave ((1)):
Wave ((1)) is an impulse pattern that occurred in 201.
Wave ((2)):
Wave ((2)) is a zigzag pattern that occurred at 95.55 .
Wave ((2)) retraced 100% of wave ((1)).
Rule 1: Wave ((2)) can never overlap the starting point of wave ((1)).
Wave ((3)):
Wave ((3)) is an impulse with extensive...
UNITED SPIRITS
Chart pattern looks good and now trading at resistance zone
Can be buy at CMP and further add if cross above 940 levels
for swing targets of 960/1000 levels
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Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
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📈 United Spirits 📉
This broke out from a Resistance Zone of downtrending Trendline and closed above resistance 890-900 .
On Buy Side I am looking for Targets of 945 and 1005.
StopLoss should be kept below 860-870 zone.
It offers 1:1.5 Risk To Reward.
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a...
Stock is taking a zig-zag correction. Any bounce should be taken as selling opportunity preferably in the region of 825 with SL of 860 and look for the target of 725/680
The analysis is done on 15 minutes TF hence price may achieve targets in a day or take a few days.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with...
Hi everyone, United spirits mid term swing trade consider buy on CMP 925 target 1,090 stoploss 893.
LOGIC BEHIND TRADE : Stock recently given breakout of it`s all time high & trading on it`s support and if calculated retracment level = 0.58, it`s good oppourtinity to buy on support stoploss only 20 points from support and target identified from harmonic abcd...
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
This is follow-up on United Spirits. Can check link to related ideas.
Target 1 achieved. More than 14%. Target 2 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please...
6 year old resistance has been clearly broken when breakout happened last week.
Volumes are above average with momentum and trend indicator bullish on all time patterns
It is rounding pattern breakout on long term timeframes too and could be forming cup and handle as well.
Up move is expected to sustain considering all these
