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RADICO KHAITAN LTD
Long

RADICO: Very Bullish candlestick breakout

By pradipandsuvra
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
brakeoutindianstocksanalysisRectanglestocktobuytomorrowTriangle
pradipandsuvra
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