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Stock of the day : United Spirits Ltd For Target Rs. 1585 - Religare Broking
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United Spirits Ltd
* UNITEDSPR recently formed a base and rebounded, forming bullish sentiments to resume.
* Previously, stock continuously traded above its important moving averages.
* Expect the stock to continue its bullish reversal after the accumulation phase at 100 DEMA.
* Traders are recommended to stay on the positive side for follow-on bounce towards its previous distributed levels of 1585-1600.
Buy United Spirits Limited CMP 1487.4 Range 1485-1490 SL 1440 Target 1585
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SEBI Registration number is INZ000174330
