HawkishDove

RADICO BO [Weekly]

HawkishDove Updated   
NSE:RADICO   RADICO KHAITAN
RADICO had a long weekly base BO a few weeks back and now its giving a follow up BO on a smaller weekly base. Past 2 quarters have been good for the firm in terms of EPS growth.
Good Volumes as of now, looks like will give more movement ahead.
Keep an eye out for it.
Comment:
One thought here is that since the earlier BO did fail and most would have exited the stock once it failed, this stock might be prone to fall in bad market conditions as it showed in the failed BO.

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