UNITED SPIRITS - Bullish Engulf with high volumes
NSE: MCDOWELL-N is looking to breakout out from the consolidation range.
Today's volumes indicate a huge demand and should move to previous swing highs in the coming days.
The stock has been in a accumulation phase along with trendline support over the past few days which is creating the uptrend.
One can look for a 9% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Disclaimer:
This is for educational purposes only.
Today's volumes indicate a huge demand and should move to previous swing highs in the coming days.
The stock has been in a accumulation phase along with trendline support over the past few days which is creating the uptrend.
One can look for a 9% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Disclaimer:
This is for educational purposes only.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.