The Yellow line and the Red lines might act as support or resistance depending on where the Price is coming from...
These are just my Views not recommendations...
Definitely recommend this for the LONG TERM (1-3 years) Investors... Who are here not Journey but the Destination...
A sure shot 30% - 50% returns is not Impossible from here....
"It is in uptrend in shorter timeframe but the uptrend seems to be weak because it is producing lower high but not higher highs.
It is kinda choppy trend. But it has formed a hammer pattern in uptrend today
There is resistance at around 448-452"
"Watch the 15 min timeframe and if it starts falling then short with SL at High of 15 min TF
If it starts rising then...
RADICO: ON A HIGH!
HAS BEEN PERFORMING ON EXPECTED LINES AFTER the text book breakout at near 145 . Some of these basic LT patterns should never be ignored.
Madhuri Madhusudan Kela buys 7.04 lakh Radico Khaitan shares at Rs 117/share HNI investor Let C how Long this stock run on news Target expected 140-150
