skandha1986

MCDOWELL_N - Cup n Handle breakout - 10% upside potential

Long
NSE:MCDOWELL_N   UNITED SPIRITS
MCDOWELL_N has given good Cup n Handle breakout at 880 level.
Can expect some good buying momentum from here on.
1st Target: 950
2nd Target: 990
SL: Daily close below 870
Timeframe: Can achieve target in 2wks to 4 wks.
Note: This is very good stock and can give even further upside move towards new ATH, as it is breaking out after huge consolidation since Oct'21 (1 yr). Good for investment of 6 months to 1 yr for 30-40% returns.

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