Awaiting Breakout

Hii all..

Greetings...

Today i'm sharing with you Daily Chart of McDowell - United Spirits.

Chart has formed a very good rounding Bottom Pattern. the Pattern has already given a breakout at 940, but stuck in a price range of 984 to 1017 as soon as Resistance of 1017 is broken we are going to see a big move on the upside with approx. TGT of 1146 levels.

Thanking You
Nikhil Choudhary

Important Things
1. This is only for educational purposes only.
2. Never over trade.
3. Always keep Stop Loss.
4. Trade in limited quantity.
5. Taking a small loss is better than wiping up your whole capital.

I hope you found this idea helpful.
Please like and comment.
Share with Your Friends.

Keep Learning,
Happy & Safe Trading

Disclaimer – These ideas shared by me to all are my personal analysis / views. Im not a SEBI registered technical analysis.
Chart PatternsMCDOWELL_Nmcdowell-nlongTrend Analysisunitedspiritsunitedspiritsanalysis

면책사항