United Spirits CMP 1329
Fib - the stock is likely to rally to 1450/1460. This is a good 10% from here. The stop has to be below the lower confluence at 1200. Hence the risk reward is not in favour to trade this counter.
MA - the longer MA's are also around the 1450 zone making it a strong resistance.
Conclusion - Since the longer term trend is down. I will advise to book some profits on this rally
Fib - the stock is likely to rally to 1450/1460. This is a good 10% from here. The stop has to be below the lower confluence at 1200. Hence the risk reward is not in favour to trade this counter.
MA - the longer MA's are also around the 1450 zone making it a strong resistance.
Conclusion - Since the longer term trend is down. I will advise to book some profits on this rally
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.