Stock of the day - United Spirits Ltd Target Rs. 1505 - Religare Broking Ltd
United Spirits Ltd
Buy United Spirits Ltd CMP (Rs) 1404.2 Range* 1400-1405 SL Target SL 1350 Target 1505

* The stock maintains a robust bullish structure, sustaining above its key short, medium and long-term moving averages, reflecting persistent buying interest.
* Following a decisive breakout above a descending trendline resistance, prices have comfortably sustained at higher levels, supported by improving volumes.
* The prevailing higher high and higher low formation remains intact, while momentum indicators continue to signal strengthening upside momentum.
* Investors may consider accumulating the stock within the recommended buying range.
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