Stock Radar: This brewery's stock has been trading in an upside channel for the past 20 months; worth a buy now?

United Spirits stock shows bullish signals after breaking out from a Cup & Handle pattern. The stock is trading within an upward channel. It is currently trading above key moving averages. Analysts suggest a buy opportunity. The target price is Rs 1660 in the next 2-3 weeks. A stop loss is recommended below Rs 1,550.