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Unitedspiritsanalysis

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. I hope you found this idea helpful. Please like and comment. Share with Your Friends. Keep Learning, Happy & Safe Trading Disclaimer – These ideas shared by me to all are my personal analysis / views. Im not a SEBI registered technical analysis.
NSE:UNITDSPRLong
by NikhilChoudhary2023
EWT: NSE United Spirits Multiple Time frame studies 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 nature 3.618% of wave ((1)) occurred at 816. Rule 2: Wave ((3)) can never be the shortest impulse wave. Wave ((4)): Wave ((4)) is a triangle pattern with a five-wave structure retraced 50% of the wave ((3)). A: 594 B: 801 C: 438 D: 742 E: 442 (terminating wave) Price surged after the breakout of the B_D trendline. Rule 3: wave 4 can never enter the price territory of wave 1 Wave ((5)): Currently, price is forming an impulsive wave ((5)). Wave ((5)) has retraced 161.8% reverse Fibonacci of wave ((4)), which is the most acceptable retracement for wave ((5)). Let's check the Fibonacci extension of the wave. Wave ((4)) extended 78.6% of wave ((1)) through ((3)) at 1020, and the price had made a high of 1019. It is also an ideal level for wave ((5)). We still have a 100% Fibonacci extension level for wave ((5)). Our next step is to analyze the lower time frame chart and study the sub-wave behavior of waves ((5)). I am working on the lower timeframe, and I will update it here. It will remove your confusion. Thank You :)
NSE:UNITDSPR
by forextidings
5
United Spirits Analysis !! BrokeOut📈 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 look and revert back if you need some more study on it. Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
NSE:UNITDSPRLong
by ShelendrAgrawal
McDowell_N / United Spirits - Cup and handle pattern breakout🔴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 its bullish pressure after the breakout) After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
NSE:UNITDSPRLong
by PrakWorld_Traders
United Spirits MCDowell_N AnalysisUnited 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 for Daily Stock Analysis & check my previous stock analysis how accurate they are for Swing and Intraday Trades<<
NSE:UNITDSPRLong
by Ravitejasreevatsav
McDowell_N / United Spirits - Cup and handle pattern🔴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 its bullish pressure after the breakout) After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
NSE:UNITDSPRLong
by PrakWorld_Traders