NSE:RADICO 25.08.2024 Buy- 1845 Target-2002 Stop Loss-1739 Risk Reward- 1:1.5 1.Breakout- Parallel resistance breakout. Biggest green candle in last 8 months 2.Trend- Consolidation(Sideways) from 8 months. 3.KeyLevel- At resistance 4.Volume- Volumes increasing in bullish & good volumes in breakout candle 5. EMA- Above 21 & 50 EMA. 200 EMA Rejection 6....
Radico Khaitan , one of India's leading liquor manufacturers, presents a potential swing trade opportunity based on strong technical signals. Reasons are listed below: Break of Ascending Triangle Pattern : The stock has broken out of an ascending triangle pattern, indicating strong bullish momentum and a potential continuation of the uptrend. Bullish...
Radico Khaitan Ltd. is currently demonstrating robust bullish momentum across various technical indicators, underpinned by strong fundamentals, making it a compelling prospect for investors. In the short term, the one-day analysis reflects a "Strong Bullish" sentiment, with the latest tick indicating a substantial price rise supported by strong trading...
Breakout above 1143 is retested and confirmed. (Live price - 1160) Stoploss - 1079 Target - All-time high: Trail as per 5 SMA above 1320 level
NSE: RADICO is closing with a bullish engulfing candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 11% gain on deployed...
Radico Khaitan is a strong candidate for a possible breakout. Keep it on your radar!
NSE:RADICO broke out from a bullish flag pattern and retraced back to the breakout price. Price also stands near a resistance turned support. (Rectangle area) Enter entire position at C.M.P, Targets: 1300/1450/1500 sl- below 1150 NOTE: low risk high reward trades have a lower hit rate. Position size accordingly. HAPPY TRADING!
The stock has reached lower trendline and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby. Risk Reward Ratio - 3:1 SL is placed below support zone & the lower trendline. The target is placed near resistance. Market is bearish , so take positions carefully.