#MCDOWELL - Held support, formed bull candle with god volume. This time it might show some good movement towards the upside. View negates below 565 levels
United Spirits or MCDowell_N is at strong support unless break out is downside it should fly
NSE:MCDOWELL_N gave a breakout from triangle & resistance.
Short Term Cash Buy MCDOWELL-N @608.00-612 SL 592 TGT 648
Entry / SL / Target on chart
this stock is a leader in alcohol sector. 1 month return 18.42%. 5 years return -18.23%.
MCDOWELL - CLOSING THE TRADE IF STOCK CLOSES BELOW 762
Mcdowell at multple support levels. if it holds 550 levels, it is most likely to bounvce back towards 600 levels
Mc dowell has rallied about 25% in past 8 trading session and it also closed above it previous resistance around 570 levels. Currently Its taking resistance T Fib extension levels around 616. The structure of the stock is now of higher highs and higher low, hence any pullback can be an opportunity to enter long in the stock. I will be eyeing 570 -550 zone for...
* Price Making Higher High . * After Touching FIB 0.618 Level Price Consolidating B/w 510-550 Price Range . * Previous Candle Dozi (Shows Indecisiveness B/w Buyer And Seller ) * Trend Line Break Out . Which Shows Buyers Shows Some Strength . Elliott Wave Analysis . * Looks Impulse Wave 4 Is Completed And Wave 5 Is About to Begin . Trade Setup . ** ( For...
SPOT INTRADAY: MCDOWELL SHORT 674 SL 682 T 666, 657
UNITED SPIRITS - GO LONG WITH A SL OF 611 AND A TARGET OF 1027. TARGET SHOULD BE ACHIEVED BY MARCH 2021
If breakout not achieved then take it as a intraday trade on swing basis.
Stock: MCDowell Looking Bullish Expected Targets Market in Chart
MCDOWELL-N (United Spirits Ltd) SELL BELOW 595