United Spirits: sleeping giant awakened
United Spirits has formed symmetrical triangle pattern on monthly time frame. Closing and sustaining about 583 can lead to potential breakout.
Target: 715
Strengths
1) PRICE ABOVE 30 DAY SMA
2) RSI IS MID-RANGE
3) MARKET LEADER IN INDUSTRY
4) PROFIT AND REVENUE HAS BEEN INCREASING EVERY QUARTER FOR THE PAST 2 QUARTERS.
5) COMPANY WITH LOW DEBTS.
Target: 715
Strengths
1) PRICE ABOVE 30 DAY SMA
2) RSI IS MID-RANGE
3) MARKET LEADER IN INDUSTRY
4) PROFIT AND REVENUE HAS BEEN INCREASING EVERY QUARTER FOR THE PAST 2 QUARTERS.
5) COMPANY WITH LOW DEBTS.
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