United Spirits have been my favorite for almost 1 and half year from 480 levels.It had a nice rally till 2150.
Yesterday stock gave a break out crossing highs of almost 6 years and closed above. One can buy the stock at around 2197 to CMP with SL at 2175 for a target of 2300 to 2600 in this Series.
Below are the stock highs it made in last 6 years which were broken yesterday and promising an up move.
30- Oct -2007 made a high of 2,189.95
9-Jan - 2008 made hihg of 2160
29 - Nov - 2012 made a high of 2150