Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "United Spirits' McDowell Holdings is in an uptrend but in an uptrend also there are corrections and chances are it is now beginning a deeper correction."
"It is a day trade, do not overstay or welcome. The theme seems to be that Hindustan Unilever (HUL), McDowell Holdings and even Godrej Industries, which are not discussing but same chart patterns are available, are all available on the short side."
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