Globus Spirits:Rs.83/-

Globus spirits has been continually falling from 2010 onwards and not it has moved above 200 day EMA, and volumes are slightly increasing which indicates that interest is coming into the stock and has all chances of moving up. so a good buy. financially the stock has not been performing well for last two years. the volumes are increasing indicate that the fundamentals might improve which would confirm the up move. stop loss should be strightly below 200 day EMA which happens to be below 80/- and should not be held any case below Rs.74/-

M.MahidarSri

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