United Spirits has united all of his strength to go up!
280
The stock has a strong resistance at ₹1461.30. Key support levels are at ₹1307.70 and ₹1288.08.
- The stock price has broken out from the resistance level of ₹1307.70 and is currently trading at ₹1332.00.
- There has been a significant increase in trading volume, indicating strong buying interest.
- The stock is trading above its 20-day and 50-day moving averages, indicating a bullish trend.
- Based on the height of the rectangle pattern formed, the next target for the stock could be around ₹1461.30.
So, overall it looks like United Spirits Ltd has shown a strong bullish breakout from its resistance level and is likely to continue its upward momentum towards the target price of ₹1461.30.
Disclaimer: This analysis is based on technical indicators and should not be considered as financial advice. Always perform your own research or consult with a financial advisor before making any investment decisions.