LKP Spade : A Weekly Pick - Buy United Breweries Ltd For Target Rs.1880 By LKP Securities
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
The stock has given a breakout from a sideways consolidation phase with rising volumes
The momentum oscillator RSI has also given a positive crossover on the daily chart confirming the strength in the stock.
The MACD indicator has turned from the zero line, confirming the buy signal.
The fno data also suggest a fresh long built up positions with rise in open interest and price.
Buy United Breweries Ltd @ Rs.1625 CB Target Rs. 1795/1880 Duration 1 Week
To Read Complete Report & Disclaimer Click Here
Please refer disclaimer at www.lkpsec.com/#foo
SEBI Registration number is INM000002483
Above views are of the author and not of the website kindly read disclaimer
Tag News
Som Distilleries & Breweries shines as its beer brands get permissions for supply in Chhatti...
