mcdowell_N - united spirits case study
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Taken into consideration 946.25 as resistance and top zone
taken into consideration 739.25 as support or bottom zone
from low on 17th June 2022 to high on 9th December 2022 is 100% approx. Green arrow indication on chart.
and from high on 9th December 2022 to low on 27th Jan 2023 is 100% approx. Red arrow indication on chart.
//basis of above facts downfall looks less as per the candle pattern recently and targets are set accordingly.//
Disclaimer: note that this recommendation is for only education purpose and not for any kind of trade suggestions.
taken into consideration 739.25 as support or bottom zone
from low on 17th June 2022 to high on 9th December 2022 is 100% approx. Green arrow indication on chart.
and from high on 9th December 2022 to low on 27th Jan 2023 is 100% approx. Red arrow indication on chart.
//basis of above facts downfall looks less as per the candle pattern recently and targets are set accordingly.//
Disclaimer: note that this recommendation is for only education purpose and not for any kind of trade suggestions.
Trade fermée: ordre d’arrêt atteint
Stop reached closedNote
Even stop loss is hit, its good place to accumulate because it respected the major support.Note
Looks good from rebound from major support!!Note
As suggested Looks good from rebound from major support!! almost 7% up.Transaction en cours
Taken into consideration 946.25 as resistance and top zone taken into consideration 739.25 as support or bottom zone
from low on 17th June 2022 to high on 9th December 2022 is 100% approx. Green arrow indication on chart.
and from high on 9th December 2022 to low on 27th Jan 2023 is 100% approx. Red arrow indication on chart.
//basis of above facts downfall looks less as per the candle pattern recently and targets are set accordingly.//
Till 23rd March 2023 almost 7% up from support.
Disclaimer: note that this recommendation is for only education purpose and not for any kind of trade suggestions.
Note
Target 1 Achieved!!Trade fermée: cible de profit atteinte
Target 2 reached yesterday, no further analysis, however it has potential for more upside.
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