United Spirits looks extremely weakUnited Spirits on short term chart seems to have broken a string support. With the current market mood, this could be a break down.
Keep this on radar.
Please like and follow.
NSE:MCDOWELL_N
Unitedspirits
Mcdowell-N - HnS patternUnited spirits ltd formed hean and shoulder pattern which indicate downside potential , sell stock below 560 , for target of 480
Buy United SpiritsBuy United Spirits at CMP and add more near if it comes to retest level near 605 with stoploss of 543 for the Target of 679 and 708
Study: Cup & holder Pattern Breakout with good Volume + Risk to Reward is favourable
Mcdowell "Diamond Breakout" On Weekly Chart"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 for long termRight then, it is time we start investing in quality stocks. I honestly feel the stock market is in a bubble and the bubble is not going to last for long. But let's leave that for another day. :)
United spirits has the highest market cap among its peers.
Available at very good valuations and has been trading in a range if the monthly charts are looked at. This could be a good point to enter if you are willing to hold for long term.
Trend-lines indicate levels.
Like and follow. I am planning to have a new series with long term picks if any of you are interested.
NSE:MCDOWELL_N
MC DOWELLIm 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
UNITED SPIRITUNITED SPIRIT Make Rounding pattern so if break 642 level then you can add in your buy watch list.
United Spirits LongConsolidation and breakout. Expected up move. Target 1: 615 and Target 2: 641
#unitedspirits
Disclaimer: Not SEBI approved. Just for educational purpose only.
Strength Candles & Bullish RSI
=> Targets based on Fibonacci Extension
=> Strength (Bullish candles) with high volume.
=> Retracement back on low volumes
=> Bullish RSI
=> + price channel
McDOWELLS : range playoutBuy in the range of 600-590 , keep a stop loss below 580 for a target of 625/640's
UNITED SPIRITS - Long call- Strong support at trendlineCan go long for short term, since it is respecting strong support on trend line
Note : recommendation is only for educational purpose
United Spirits Positional IdeaNSE: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)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 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
MCDOWELL TRIANGLE BREAKOUT NSE:MCDOWELL_N
Buy above 550
For Targets 570, 580, 605,650
With support 530
Tomorrow If Gap down bring the stock below 505 sell it
for target 460
With support at 520
