Crosses one of the important Gann levels @1169(which is going to be the SL just below that)
Breakout of the long trendline and Gann level BO on the same day
- It has been in a sideways channel for almost 2 years with clear support and resistance zones
- It showed strength in the initial phase of this week but at the end got hung over Literally, upside down.
- In the end, the price was prevented from breaking the trendline. Buyers appear trapped if the momentum changes sides. It did weaken the upside momentum for...
MCDOWELL_N Intraday Strong Support 15 min with very small risk at 1123
MCDOWELL_N Intraday Strong Support 15 min with very small risk at 1123
MCDOWELL_N Intraday Strong Support 15 min with very small risk at 1123
MCDOWELL_N Intraday Strong Support 15 min with very small risk at 1123
MCDOWELL_N Intraday Strong Support 15 min with very small risk at 1123
MCDOWELL_N...
Hello traders,
Following the positive response to last week's study on AARTIIND , let's delve into another promising stock: NSE:MCDOWELL_N (United Spirits).
📈 Uptrend Observation: MCDOWELL-N has been exhibiting a consistent upward trajectory, bouncing off demand zones and charting higher.
⚖️ Strategic Entry Points: Anticipating potential upward...
We have taken a historical view of United Spirit It's moved till now And what we are expecting for future we have seen few levels for trading purpose We have marked few levels as 1065 for up move We have set S L level at 1025 Or 1040 one can pick depending on their investing perception Now, what we are expecting as a target is one, 1005 level.
this study is only...
United Spirits Ltd. appears to be exhibiting a promising chart pattern, with evident accumulation occurring at its current price levels.
The Double Bottom chart pattern breakout in United Spirits Ltd. suggests the potential for a bullish move. It's prudent to await confirmation from a confirming candle before considering an entry point.
This channel is for only...
Mcdowell-N
forming Head & Shoulder pattern
Below 1000 should give breakdown
looking tgt 980-975-970++
in very short term
keeping on radar Mcdowell 1000 PE (oct) cmp 21
After 1.8 year of Weekly range finally momentum can be seen however closing is taking support on 10 DEMA creating some concerns for break out failure or range. Let's hope for the best as trend is upward and soon 1100 target can be achieved.
Make a Bullish marubozu candle near 20 DEMA dynamic support.
Ready for upmove.
Macd Bullish crossover done
RSI Bullish
Moving averages indicate create long position for Swing trade.
Disclaimer This is my personal view for education purpose only.
Entry: 996
Target: 1078
SL: 955
NOTE: This trade is only for Equity Swing buy and not to be considered for options trading.
Please do follow Position Sizing and Risk Reward Ratio while planning any trades.
Note: This information is for education purpose only and please do your own research and consult your financial advisor prior to taking any action.
TO...
Radhika Dubash also bought additional 1.74 lakh equity shares in GSS Infotech at Rs 79.24 per share. She had acquired 2.01 lakh shares in the company in last week. The stock gained more than 2 percent.
