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...
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...
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.
