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karthikmarar
Mar 19, 2024 5:07 PM

RADICO Long

RADICO KHAITANNSE

Description

The stock has been moving sideways after facing rejection above 1720+ levels. Bouncing from support zone and crossing above converging short-term moving averages on high volume. Money Flow turning positive and Relative Strength on the verge of turning positive. Today's Delivery volumes were very high, seven times the average indicating longer term interest. Now the stock is likely to attempt to take out the Rejection zone. Looks like 1800+ on the cards. I am looking for a minimum 10% quick up swing.
Comments
ATraderNotes
Dear Karthik, is MFI for VPA available for public as well? Great appreciate! Thanks
gopikrishnaiyengar
Sir,
To reduce the clutter and yet not to be precisely wrong, please advise on imp parameters that must be kept on. Also, I am not finding RS for VPA. Is it a different module? Request for time to clarify the above. Rgds
ashishooi01
sir definitely your guru legend.
your view lichousing fin. also give great opportunity
thank you much
karthikmarar
even in this weak market we can see some stock specific actions. The last few days price action in the small and mid cap index indicates some narrow side ways action. we could see stability in the market. of course one has to be cautious with proper RR and SL
shekhar42031
Your stock analysis are always unique and help in learning VPA. May I ask a question please? Is it OK to buy stocks seeing the broader market is turning in negative direction?
Thank you sir.
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