Buy United Breweries: Vijay Bhambwani
It should go to the 640-645 mark provided the Nifty is basically not reversing downwards from here onwards.
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| Updated: In a chat with ET Now, Vijay Bhambwani, Author, CEO, BSPLindia.com, shares his views about United Breweries.
On the charts United Breweries?
One can safely stay long at this point because as long as the stock is trading above basically the 510-512 levels, I do not think you have any problems with the momentum here.
It should go to the 640-645 mark provided the Nifty is basically not reversing downwards from here onwards. So maintain a stop loss at probably 595 or something and expect to book profits at 645-650.
On the charts United Breweries?
One can safely stay long at this point because as long as the stock is trading above basically the 510-512 levels, I do not think you have any problems with the momentum here.
It should go to the 640-645 mark provided the Nifty is basically not reversing downwards from here onwards. So maintain a stop loss at probably 595 or something and expect to book profits at 645-650.
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