Radico Khaitan Ltd. is an interesting chart with following factors
1. ABCD Pattern on weekly chart
2. Harmonic pattern on daily chart
3. Stock trading near upper Bollinger band on daily charts
4. Narrowing Bollinger bands
5. Major Support zone 1190-1160
6. Minor resistance 20 Week SMA at 1266
Disclaimer: I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
1. ABCD Pattern on weekly chart
2. Harmonic pattern on daily chart
3. Stock trading near upper Bollinger band on daily charts
4. Narrowing Bollinger bands
5. Major Support zone 1190-1160
6. Minor resistance 20 Week SMA at 1266
Disclaimer: I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.