Radico Khaitan, Long Base BreakoutRadico Khaitan, a major alcohol manufacturer in a very long base(~200 days)
Long base = Big Breakout (check recent example Gravita India)
-Kind of Inverted Head n Shoulder too
-Good shakeout of 200 dema too
-Recovered fast from 4th june fall with good vol and price action.
Alcohol
#ASALCBR .. reached ATH high today..Another 20% move up can be expected once stock bounces back from the green trend line. tgt arnd 580-600
Full Disclaimer: I own this stock as part of my portfolio. For me it was a value pick as the fundamentals are amazing and business has picked up really well in last few years..
However, at this price it is not a value pick..