Buy United Spirits, says Shrikant Chouhan, VP Technical Research of Kotak Securities.
Chouhan told CNBC-TV18, "United Spirits is a positional bet and after long time the stock is diverging positively on daily as well as weekly charts. So we can trade long in this particular stock. We have buy 50% at current levels and 50% more on declines around Rs 1000 with a final stop loss at Rs 950 on a closing basis and we can keep a target of Rs 1150 and 1250 on the higher side."
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