United sprits in long term monthly uptrend channel breakout with monthly good retracement with confirmation. Target is 1491
Good volume build up on daily timeframe. Price trading in the rising wedge pattern and almost at the resistance zone. Next candle will be very important. NOTE: i do my analysis, do your before trade.
HELLO EVERYONE, You all can see the beautiful and clean chart of NSE:MCDOWELL_N on a Monthly Pivot-Point TimeFrame, where the following observations are crucial to note down and understand! -> Inside + Narrow CPR Setup depicts that the price movement for this month of April can be "Trending" which usually suggest a breakout or breakdown of a range-play...
United spirits has given an impressive complex cup with handle breakout which is very reliable 1166 can be immediate target within next few weeks which is 20% potential .
Wedge pattern breakout and another Trendline which was tested multiple times and ready to break, Monthly and Weekly candles also looks strong with good volumes and if a day candle closes above 890 - 900 level we can anticipate a quick move in Mcdowell (United spirit) till 1000 levels. -educational purpose only.
Here’s a stock I'm keeping an eye on for the next day's trading. I'm aiming for a 1%+ intraday profit with a flexible stop-loss. The rules are simple - there are two lines marked on the chart that act as support or resistance, depending on where the price opens. When the price touches or crosses either line, from any direction, for the first time, I decide...
MCDOWELL (1D TF) Swing Trade Analysis given on 6th December, 2023 (Wednesday) Pattern: REVERSAL FROM SUPPORT TRENDLINE - Volume Spike Buildup Near Support - Done ✓ - Moving back to Resistance - In Progress #stocks #swingtrade #chartanalysis #priceaction #traderyte #mcdowell
may consider if the stock get down from D point It is just a view, please trade at your own risk. I'm not SEBI registered adviser
#BreakoutStock #unitedspirits Chart 🔥 📊Upcoming Breakout Chart 📊Long Range Consolidation 📊W Type Pattern 📊Above all EMA #sharemarketindia #IRCTC #sharemarket #TrendingNow
This is a company is an alcohol stock. It's expected to give breakout after underperformance for a long time. Here are the details- CMP- 1111 Target- 1200 Stoploss- 1070 Giving out a perfect 2:1 RR. Duration can be from 1 week to 2 months, i.e., Short Term.
#Mcdowell breaking the trendline resistance but a good follow-up candle can confirm the uptrend for the target of 955 & 1020
SL 174 Keep trailing at cost once it is 0.5 pc up from buy price
Above 1125 close bullish View Target: OPEN SL: 1018 Risk is yours and Reward is too yours totally
looking sell as on top there is wedge-like and diametric-like pattern at top and trading near top channel we may find downside trade
Exciting Bullish Pattern Alert! 🐂 📊 Pattern: Hut Pattern 📌 Symbol/Asset: MCDOWLL_N 🔍 Description: Stock has made Hut pattern and around the resistance stock should give breakout above the resistance then we can see huge upside from hereon. 👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation. Technical patterns are...
This stock is setting up nicely to go for blast. It has shed of weak holders and giving clear indication. One can identify the minor demand zone today and can take entry as per their risk appetite Call Option can yield a good return
On weekly charts, forming a good flag pole. Wait for a decisive breakout continuation as fakeouts have happened before. Once confirmed, can give a blast
MCDOWELL breaking f&p pattern on #weekly basis with good volume new year ahead enjoy happy new year educational idea only