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04-06-2021 12:36 PM | Source: HDFC Securities Ltd
Momentum Pick - Buy Globus Spirits Ltd For Target Rs. 360 - HDFC Securities
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Momentum Pick - Buy Globus Spirits Ltd For Target Rs. 360HDFC Securities 

TECHNICAL OBSERVATIONS

* Stock price has broken out on the Daily chart with relatively higher volumes.

* Oscillators like MFI & RSI is showing strength in the current uptrend of the stock

* Short term trend of the stock has turned positive where stock price closed above its 5- and 20-day SMA.

* Primary trend of stock is positive where stock is trading above its 200 day SMA

Buy Globus Spirits Ltd Up to 10 Days @ 334.95 CMP 334.95 TGT 360 SL 318

 

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