United Spirits – Technical Analysis, Support and Resistance

The stock

is showing a weak and volatile trend on the daily chart. The stock has declined from the August high near ₹1550 and recently dropped towards ₹1220–1240. It has now recovered sharply and closed at ₹1333.70 (+3.43%). However, this recovery needs confirmation before considering a trend reversal. Support & Resistance: Immediate support is placed around ₹1300–1280 followed by ₹1240–1220. On the upside ₹1350–1380 is the immediate resistance zone. A sustained move above this range may open the way towards ₹1400–1440. Short-Term Buyers & Holders View: Fresh buyers may wait for a decisive close above ₹1380 with strong volume before considering entry. If the stock fails to cross this zone volatility or another pullback may occur. Existing holders can monitor ₹1280 as an important support area.