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United Spirits

Discussion in 'Technical Analysis' started by vishuhd1, Sep 28, 2012.

  1. vishuhd1

    vishuhd1 Member

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    Hi Shabbir,
    With the news of stake sale to Diageo, does United Spirits have any uptrend left in it?.. In the recent past, the stock has run up like crazy..

    Today the stock is down about 3.5%, but that may be because is consolidation and profit bookings.. Can we enter to trade for a very short term in this stock?..
     
    vishuhd1, Sep 28, 2012
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  2. shabbir

    shabbir Administrator Staff Member

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    The stock is making more gaps in the upswing and that is bad according to me.
     
    shabbir, Sep 28, 2012
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  3. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Looking good but no place for new entry.
     
    sanjay_sansanwal, Sep 28, 2012
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  4. shabbir

    shabbir Administrator Staff Member

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    Actually I never trade in Alcohol and Tobacco company because they are always being in the eye of our Government for taxation.
     
    shabbir, Sep 28, 2012
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