UNITDSPR trade ideas
McDowell ....... ABCD on daily chart ???Perfect ABCD pattern on daily charts.
sell below 570 , Target - 550 , stoploss - 590.
This is just my view..... trade according to your own risk management.
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
McDowell_N in Resistance Zone go for ShortMcDowell is in resistance zone .
Cmp - 589
Target - 570
Be cautious : it can change the direction if it sustains near 568 and breakout possible
Mc Dowell - Deep in resistance zone....Should see some pullback.Mc Dowell is deep in resistance zone...it should see some pull back as a result of this.....Minimum pullback upto - 590- 595
Crucial LevelStock is on a crucial level.
Any break on the upside will make huge candles.
Personally I would wait and let the trade turn out.
This is not a buy or sell call.
It's just to show you that stock is at crucial level.
I will post more ideas on this stock soon.
Want to make money along with me?
- Click on the follow button.
Bearish Harmonic Pattern - McDowell_NBearish Harmonic Pattern - McDowell_N. The stock is in strong uptrend so wait for confirmation before shorting.
signal set up auro pharma ...Introducing the "Auto Signal Setup" indicator developed to generate authentic signals during live market hours for potential trades
Technical analysis continues to demonstrate and prove the power and need of having it to be considered as a foundational base for trading in the real markets , all which has now been embedded into the "Auto Signal Setup" indicator to provide signals so powerful that its makes a traders life much easier by backing up the analysis being made
Keeping a watch on this space for more ideas and updates
DISCLAIMER:
We do not recommend the use of the indicator alone as a sole means of trading decisions and do not provide any calls as such, be a hero of your trade 😊
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!!
[Buddha] MCDOWELL_N Inside Bar TradeLong if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
Short - Rejections + VolumeChannel exit resulted into rejections with volumes.
Might go back to lower end of channel. Good short position can be created!!
McDowell's StrategyMay test 468 level but also can show some move till 517-518 before falling...On 468 levels can put 40% money and at 443 level put remaining 60% money.
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
