LKP Spade, Weekly Pick - Buy United Breweries Ltd For Target Rs.1220 - LKP Securities
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/04/8bcbc895144bbbcd691ae6ab320e2723.jpg)
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
* Stock has given inverse head and shoulder breakout on two hour chart which consider as reversal pattern.
* Decent volume activity has been witnessed at the time of breakout.
* Both momentum indicator RSI & MACD are ranging in positive territory.
Buy United Breweries Ltd @1150-1155 TGT 1220 Stop Loss Below Rs. 1100 CB Duration 1 Week
To Read Complete Report & Disclaimer Click Here
For More LKP Securities Ltd Disclaimer http://www.lkpsec.com/
Above views are of the author and not of the website kindly read disclaimer
![](https://portfolio.investmentguruindia.com/uploads/news/hiroshiyoshida.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Skills Revolution1231.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/cummins.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/investment37.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Tata Steel Ltd.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Tarun Chugh, MD & CEO, Bajaj Allianz Life.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/car37.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/jitin37.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/sunteck realty.jpg)