UNITED SPIRITS is an interesting chart
It is forming Bullish Shark like pattern on daily / weekly charts
Price Crossed above 20 SMA on daily chart
Price Took Support at 100 EMA on weekly chart near 1300 levels
Multiple hammer like candles and dojis formed on Daily chart in last few days
Double bottoms formed with Positive RSI Divergences.
Lets See how it evolves from here further
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to take some position with my own Risk Reward matrix.
It is forming Bullish Shark like pattern on daily / weekly charts
Price Crossed above 20 SMA on daily chart
Price Took Support at 100 EMA on weekly chart near 1300 levels
Multiple hammer like candles and dojis formed on Daily chart in last few days
Double bottoms formed with Positive RSI Divergences.
Lets See how it evolves from here further
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to take some position with my own Risk Reward matrix.
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.
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.