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MARKET OUTLOOKMCDOWELL-NSTOCK OUTLOOK

United Spirits Outlook for the Week (July 31, 2023 – August 04, 2023)

United Spirits Weekly Outlook and Analysis:

For the Week: (July 31, 2023 – August 04, 2023)

United Spirits closed the previous week on a negative note losing 7.22%

Technically, United Spirits share price will see immediate support at 973.73 and immediate resistance would be seen at 1,049.48

If United Spirits share price closes below immediate support of 973.73, then sharp breakdown can be seen. United Spirits share price will see major support at 935.62 for the week.

On the positive side, immediate resistance will be seen at 1,049.48. Closing above 1,049.48, United Spirits share price will see a sharp breakout. Major resistance for United Spirits share price will be seen at 1,087.12 for the week.

Trading range for United Spirits share price for this week should be between 897.98 on down side and 1,125.23 on up side.

United Spirits Previous Week High: 1049

United Spirits Previous Week Low: 973.25

United Spirits Previous Week Range: 75.75 Points

United Spirits share price support and resistance for the week (July 31, 2023 – August 04, 2023)

Level Type Value
Resistance 3 1,125.23
Resistance 2 1,087.12
Resistance 1 1,049.48
Support 1 973.73
Support 2 935.62
Support 3 897.98

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