Hold United Spirits, says Nooresh Merani

Nooresh Merani of Asian Market Securities told CNBC-TV18, "If I look at the chart of United Spirits, it has a bunch of bottoms around Rs 2,200-2,250, so it is a hold at current levels. As of now we do not see a trend change on the upside and on the shorter term as well, so I would suggest to hold on to the stock and keep a stop loss at Rs 2,150 on closing basis and review the stock after few months. So as of now there is no great trend in the stock."At 15:17 hrs United Spirits was quoting at Rs 2,470.10, up Rs 65.45, or 2.72 percent on the BSE.