McDowell (United Spirits) Long Candidate
Details as in Chart.
Preferred Reasons to Hold and Accumulate the Stock:
1. Took Support at 40 RSI Levels few days back, Little correction could be on cards but still a Buy.
2. Stronger than Nifty.
3. Above 200 EMA for a long term long.
4. 550 around is a strong Demand Zone and out stop loss should be around 540.
Preferred Reasons to Hold and Accumulate the Stock:
1. Took Support at 40 RSI Levels few days back, Little correction could be on cards but still a Buy.
2. Stronger than Nifty.
3. Above 200 EMA for a long term long.
4. 550 around is a strong Demand Zone and out stop loss should be around 540.
Note
Nice Rally Seen upto 600.Folks can keep trailing stop loss as per their risk appetite.
Trade fermée: cible de profit atteinte
Target already achieved. Profits will be booked with trailing Stop Loss.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.