Wednesday, May 1, 2013

MCDOWELL - United Spirits


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

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