Prabu_Sha

MCDOWELL_N -Long

Long
Prabu_Sha Updated   
NSE:MCDOWELL_N   UNITED SPIRITS
MCDOWELL_N - It has formed the Falling wedge pattern also BO has happen on the Trend line & Retest is in progress.

Expected to Bounce back after Retest is done . Chances are high to reach target due to Festive season time and sales of Liquor is always in demand.
Target 1 - 940
Target 2 - 1019
Stop Loss - 760

Disc- Only For Learning Purpose and not a trading recommendation.
Comment:
From 854 to 878 Nearly 22 points gain in 6 days
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.