Stock Overview:
Stock Name: Radico Khaitan Ltd, Exchange: NSE
Company Business Profile: Radico Khaitan Ltd is a leading Indian company specializing in the manufacturing and distribution of alcoholic beverages, including spirits and liquors.
Key Levels:
Support (Yellow Zone): ₹1,688.35 - ₹1,891.25
Swing Zone (Green Zone): ₹2,032.45 - ₹2,148.10
Technical Indicators:
RSI (Relative Strength Index): Currently at 53.69, indicating neutral momentum. RSI values above 70 suggest overbought conditions, while below 30 indicate oversold conditions.
Volume: 410.85K shares traded, reflecting moderate activity. Higher volume often signals increased interest in the stock.
MA (Moving Averages): The stock price is above the 200-day moving average (₹1,437.52), suggesting a long-term uptrend.
Sector and Market Context: Radico Khaitan Ltd operates within the alcoholic beverages sector, which is influenced by regulatory changes, consumer trends, and economic conditions. The sector shows resilience, and the stock's position above its long-term moving average aligns with the broader bullish market sentiment.
Risk Considerations: Potential risks include regulatory changes impacting the alcoholic beverages industry, fluctuations in raw material costs, and shifts in consumer preferences. Broader market conditions, such as economic downturns or geopolitical events, could also affect the stock's performance.
Analysis Summary: Radico Khaitan Ltd demonstrates a strong upward trend, supported by key technical levels and indicators. While the long-term outlook appears positive, investors should remain cautious of potential risks and market conditions. This analysis is for informational purposes only and does not constitute investment advice.
Stock Name: Radico Khaitan Ltd, Exchange: NSE
Company Business Profile: Radico Khaitan Ltd is a leading Indian company specializing in the manufacturing and distribution of alcoholic beverages, including spirits and liquors.
Key Levels:
Support (Yellow Zone): ₹1,688.35 - ₹1,891.25
Swing Zone (Green Zone): ₹2,032.45 - ₹2,148.10
Technical Indicators:
RSI (Relative Strength Index): Currently at 53.69, indicating neutral momentum. RSI values above 70 suggest overbought conditions, while below 30 indicate oversold conditions.
Volume: 410.85K shares traded, reflecting moderate activity. Higher volume often signals increased interest in the stock.
MA (Moving Averages): The stock price is above the 200-day moving average (₹1,437.52), suggesting a long-term uptrend.
Sector and Market Context: Radico Khaitan Ltd operates within the alcoholic beverages sector, which is influenced by regulatory changes, consumer trends, and economic conditions. The sector shows resilience, and the stock's position above its long-term moving average aligns with the broader bullish market sentiment.
Risk Considerations: Potential risks include regulatory changes impacting the alcoholic beverages industry, fluctuations in raw material costs, and shifts in consumer preferences. Broader market conditions, such as economic downturns or geopolitical events, could also affect the stock's performance.
Analysis Summary: Radico Khaitan Ltd demonstrates a strong upward trend, supported by key technical levels and indicators. While the long-term outlook appears positive, investors should remain cautious of potential risks and market conditions. This analysis is for informational purposes only and does not constitute investment advice.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.