 "The stock of United Spirits has recently given a decent correction from the peak of 661")
BUY HIND UNILEVER | CMP: Rs 2,269.50 | Target: Rs 2,450-2,480 | Stop Loss: Rs 2,170
The stock has corrected well from the peak made near 2,445 and has shown signs of bottoming out near 2,220 level with a momentum pick up expected going-forward. The RSI has also indicated a trend reversal near the oversold zone to signal a buy and is well placed for an upward move. We suggest to buy and accumulate this stock for an upside target of 2,420-2,450, keeping the stop loss of 2,170.
BUY UNITED SPIRITS | CMP: Rs 580.70 | Target: Rs 650-670 |
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