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2024-11-21 09:55:09 am | Source: Religare Broking Ltd
Stock of the day : United Spirits Ltd For Target Rs. 1585 - Religare Broking

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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