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Published on 13/08/2019 9:35:26 AM | Source: Religare Securities Ltd

Buy United Spirits Ltd For Target Rs.645 - Religare Securities

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Religare Super Ideas

United Spirits Limited (MCDOWELL-N) 

After spending nearly one month in a consolidation zone, MCDOWELL-N is currently trading on the verge of fresh breakout from the same. Further, the chart pattern and existence of support zone of multiple moving averages is adding to the confirmation. We suggest initiating fresh longs as per the given levels.

Recommendation

Buy United Spirits Ltd @ 605-608 Stoploss 588 Target 645 CMP 605.10

 

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