United spirits

                                                                        United spirits daily charts

Stock has formed a triangle on daily chart from where it broke out yesterday which is a bullish sign. Stock has also broken 20 and 50 DMAs upside. Stock is likely to touch 2050-2100 in the short term.
Stop loss at 1920 recommended.
CMP - 1943

Arvind Ltd

                                                     daily chart

Stock of Arvind mills has corrected sharply by over 40% in last two months forming downward trading channel. Stock is now trading near its support (as shown in the chart by green arrows) and may bounce back  if it sustains above the support. Stock if breaks upper trend line of the channel after taking support may become bullish but in the short term it may bounce back as it looks oversold.
Stock can be bought at CMP or in every fall above 72.5 for the short term target of 85.
Stop loss at 72 recommended.
CMP - 76.05

ITC Ltd

                                                                    ITC Ltd daily chart (click on chart to zoom)

On daily chart, stock of ITC is forming rising wedge pattern. Stock is now trading on the lower trend line of the pattern which may act as a support but if it is broken then stock may further go down to 275-280 levels in short term. Stock is already trading below 20 and 50 DMA but closed just below 100 DMA.
Stock can be sold at CMP or on rise till 295 with stop loss at 300 for the short term target of 275-280.
CMP - 291