Very strong scrip: Parallel channel broken and retested, 2 horizontal resistance broken, 200 DMA broken. One last resistance is there as marked, can see a blasting move above it
One can accumulate for long and short term since it is on the demand zone.
radico has given head and shoulder breakout volume with increased volume
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.
Aim for 6-8% . It can be easily achievable in 1-3 days. My belief is to choose high winning probability trade with a risk-reward ratio going from 1:1 to 1:2. The reason for booking profit of only 6-8% is because the market direction is not sure at this point. So better to aim for 1:1 risk-reward and rotate your money in better opportunities. It is an analysis...
On weekly chart it's showing symmetrical triangle break out with good volumes. I am very bullish on this breakout. It will provide good targets 1248, 1478,1900
ready to move up in Radico Khaitan upside movement #swing #breakout
It is making triangle pattern on daily chart .. possible breakout is there
Radico Khaitan symmetrical trangle in making can give breakout or breakdown.
Good Move can be expected intraday in the stock. Keep an eye on the upper trendline
Ascending triangle along with volume breakout in RADICO, indicates a bullish movement. Buy above the horizontal resistance zone.
Buy above 855.85 Target 925 being height of cup Breakout candles Open and close above cup with above average volume
NSE:RADICO Buy above 616 stop loss 591 Target 685
Stock seems to have formed a nice base and is a small C&H breakout above 620. The SL is slightly deep so plan your trading accordingly.. Long above 620. SL: positional SL below 580. (Shorter term traders can even keep a stop at 605)
1. Stock is in uptrend 2. It gives head and shoulder pattern breakout 3. It gives breakout with good volumes
Stock Analysis: Radico has broken the wedge pattern it is good buy around the marked demand zone (Green Area) for the target given on the chart. Let's see..
Radico has given a IHNS breakout in last session with good vol Breakout came on right shoulder with flag BO Above 200 dma Buying can be made when breaks 605 Sl 545 Target 675 and more