This is custom index of Indian Liquor listed stocks with equal weight. It seems that the whole index is going up and new Russian Market demand is driving the same. Actual increase in profit will come after quarter end but as market is discounting machine price will move up ahead of actual results in expectations.
Nifty realty is also near support zone and it is to be hold for further upside. Round Level of 350 is to be hold.
It seems at interesting point. It has not performed since long. Round Level of 11500 on monthly basis should be hold. It is near 40 Month moving average also.
Long can be initiated at current price or within 1%-1.5% of the CMP. SL can be kept below 374. It seems same as Amaraja Battery. Stock has come down with very low volume and it seems that supply is getting over.
It is falling with falling volume. It may reverse soon once small demand come. Long can be made with SL of 575