United Spirits: Sleeping giant awakened
United Spirits has formed symmetrical triangle pattern on monthly TF. Closing and sustaining above 583 can lead to potential breakout.
Strengths
Market leader.
Profit and revenue has been increasing for the past 2 quarters.
Trading above it's 30 day SMA of 534.
RSI is mid-range.
Target: 715
Strengths
Market leader.
Profit and revenue has been increasing for the past 2 quarters.
Trading above it's 30 day SMA of 534.
RSI is mid-range.
Target: 715
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