Macdowell has given breakout above its recent swing's high.Also by Harmonic's BAMM Theory we can go long above 601.
Entry = 601
tgt1 = 606
tgt2 = 612
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Mcdowell Short at 562
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Here is the big picture of mc dowell and take your pick
fundamentally its an expensive stock
India bulls ventures has given a buy rating which has a 75 % success rate
their target in the stock is 635
FROM THE HOURLY CHART IT APPEARS THAT THE STOCK WILL REACH 605 IN THE COMING DAYS.
IT IS ALSO CONFIRMED IN THE DAY CHART. CROSSING 580 IS HIGHLY IMPORTANT.
STOP LOSS IS 570 LEVEL.
United Spirits Limited is a spirits company engaged in the business of manufacture, purchase and sale of alcoholic beverages. The Company operates through two segments: India and Outside India. The India segment is engaged in the business of manufacture, purchase and sale of Beverage Alcohol (Spirits and Wines), including through Tie-up units/brand franchisees within India. The Outside India segment is engaged in the business of manufacture, purchase and sale of Beverage Alcohol (Spirits and Wines), including through Tie-up units/brand franchisees outside India. Its product portfolio includes whisky, vodka and rum segments, and caters to various consumers through luxury, premium, prestige and popular spirits categories. Its brand portfolio includes McDowell's No.1, Royal Challenge, Signature and Antiquity. It has over 80 (74 excluding Royalty and Franchise units) manufacturing facilities spread across approximately 20 states and over three union territories in India.
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