Fundamentally targets are too great. Charts is giving good setup for short term.
Multi-year breakout seen in this counter. Near festive season and booming sugar sector! direct beneficiary from this is the alcohol sector! And my pick from this cycle will be united spirits!
Buy UNITED SPIRITS @ CMP for 950-1000 levels. HORIZON: 24 W
liquor stock under consolidation since long now it looks like stock is ready for big upside
Hello Traders, United spirits again has displayed good momentum, in price and volume both. I would enter the trade but the entry levels depend on 9 EMA for daily chart. I would keep an eye on the stock and wait for some consolidation before it takes the next upmove. Happy Trading!
Possible triangle pattern breakout candidate on weekly tf target 1 will be previous peak at 800 levels, timeframe 6-8 weeks
Watch United Spirits(Mcdowells) which is in Monthly level triangle formation. Now it is in the upper end of the triangle. But when it reached the bottom of the triangle or wait for breakout and retest.
Amazing looking chart in united spirits. monthly timeframe breakout of over 6 years. can go long if closes above 800 on monthly basis. targets are marked on the screen. 1500+ should not be a problem if held with patience. might take more than 6 months.
Be ready for breakout ( mix of Fake-out ) ...-> expecting double / triple return following weeks ( few months )
MCDOWELL has broken long time resistance. Trendline Break-out. Looks pretty good for 1st Target 800. Veru good Open Interest Build-up on the up-side
Beautifull Potential trades for my followers :) This is just one view now U have them make good use of setups also some learning points and some good Risk to reward setups have fun and good trading day :)
MCDOWELL_N looks good above 700 (CMP: 723) weak below 629 can go till 1100
🔴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...
🔴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...
NSE:MCDOWELL_N Channel based bullish movement. Keep an eye if this breaks the channel in up or down side. A quick movement can be captured. Please share with your family and friend if you like the idea to go long. This chart is only for education purpose. Consult with your financial advisor before making any investment.
This stock has broken the trendline weekly, retested and took support perfectly. buy price can be above previous day high. Targets are on the chart. may be 3-4 weeks it will reach the target.
Mcdowell_N is facing its retest in the channel zone, so give an entry with appropriate Stop loss after the bullish candle 🔴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...