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RADICO KHAITAN LTD
Long

RADICO: Very Bullish candlestick breakout

99
RADICO is breakout ready because of:

  • Continuous bullish candle formation with increasing volume and thus breaks out the rectangular consolidation zone.
  • A triangle patten formation is clear
  • Volume is very high (actually heighest)
  • RSI is just crossing 70 mark (OB region)


Trade: Buy above 1152, SL: 1120, T: 1185
Sell below 1100, SL: 1120, T: 1075
pradipandsuvra
Also on:
brakeoutindianstocksanalysisRectanglestocktobuytomorrowTriangle

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.
brakeoutindianstocksanalysisRectanglestocktobuytomorrowTriangle
pradipandsuvra
Also on:

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.