MCDOWELL_N Long MCDOWELL_N Long CMP 912
stop around 850
Channel Breakout can add long for good bet in
UNITDSPR trade ideas
MCDowell N shooting range is 904MC Dowell N can be shorted for targets 880/860 within a weeks time frame
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.
MCDOWELL_N | Trendline breakout - Potential for 10%MCDOWELL_N | Trendline breakout - Potential for 10%
CMP : 915
SL : 875
Target : 1015
1:2 risk reward setup
Channel Breakout , Retested the trendline and follow up candleThe price given a channel breakout and retested the trendline with follow up hammer candle.
Entry and Exit mentioned in chart.
Thanks
MCDOWELL 4HR FRAME mcdowell stock a clear breakout of correction phase . 4h frame showing breakout and retested let see some swing trade opportunity
United sprits BullishUnited Sprits seems breakout in daily
concentrate if price sustain above 919 in daily
#UNITEDSPIRITS headed for 960 in short term#MCDOWELL_N #UNITEDSPIRITS #SWINGTRADING
During recent correction did not give wkly close below 820 ( multi-year BO)
Has given wkly close > 920 ( 7-WK HIGH), abv 920 #CANDLESHUNTING UPTO 960
2 weeks abv 960 can retest ATH of 1020
MCDOWELL-N break out Mc dowell has given a strong breakout of a down channel,as summer has started so we can see some rally in the stock upside .
Continuation of Multi year Breakout In the month of August 2021 NSE:MCDOWELL_N Gave Multi year breakout after that it broke ATH on 23 September 2021 and stock continued its upward journey. After that stock has retested its ATH on 7th March 2022 and bounced back toward its original trend. Currently stock has given breakout of consolidation created by retesting of ATH. One can create very good long position here
Multi Year Breakout Expected Retested - Keep AccumulatingPositional and Investment Pick !!
Accumulate for 1100-1200 levels over Medium Term
Positional Target 1000-1050
United spirits United spirits CMP: 919 sl: 795(wcb) target:1025/1175/1400/1600
Note: educational post
#MCDOWEL #McDowell #unitedspiritsThis stock looks super bullish , wave 1 done 868 retracement allowed 23.6% upto 848-840, possible coming week tgt 960-965
MCDOWELLSBuy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy Buy
McDowell: bearishStock 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
MCDOWELL - Multi year breakout Retest Structure + Morning Star The analysis is done on weekly TF hence price may take few weeks to few months in order to reach the targets.
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 simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
Swing setup for united spirits UNITED SPIRITS
Watch above 860
Upside 920/1000
Downside 820
Chart and levels only for education purpose
#UNITEDSPIRITS abv 900 opens up 960 ; SL 865#UNITEDSPIRITS CMP - 880
Had given a multi-year BO abv 820 in SEP-21 & managed to sustain above this level even during crash of Feb-21
Abv 900 opens up target of 960
SL - weekly close below 865
Risk: Reward - 1:2
For long term holders target 1200
MCDOWELLMCDOWELL
For short to medium term remain bearish till trading below 865
Pith fork levels may provide next support and resistance.
Retest || Ascending Triangle Breakout Any pattern giving a retest after a breakout rally strengthens the conviction to go long as the base has now become more stronger.
#TradeTheTrend#PortfolioPick
UNITED SPIRITS Beautiful looking chart pattern. Elliott wave ( 12345 ) and ABC finished at 850 and a new trend built up.
Price Volume action is Bullish and so is F&O data on Long Buildup. RSI is in the perfect zone.
Targets are 1015and 1125 in short term.
United Spirits, 15 min Inverted H&S pattern on 15 min chart.
can be traded as per the rules of this pattern.
