Stock Radar: Globus Spirits breaks out from 9-month consolidation; check target & stop loss for long positions

Globus Spirits Limited, a brewery company, is showing positive signs. The stock has broken out of a nine-month consolidation phase. Experts suggest a potential rise, targeting Rupees 1450 to 1500 in the coming months. The stock price surged to Rupees 1281.10, indicating active buying interest. The medium to long-term outlook remains favorable if the stock stays above Rupees 1200.