Radico Khaitan Ltd. at Buy Support. CMP 2425Radico Khaitan Ltd. at Buy Support. CMP 2425. Breakout at 2464 closing basis. SL 2320. Momentum is gaining strength with volumes.
RADICO
RADICO FOR SHORT TERMRADICO good above 2260 on CLB.
Breakout Stock
Weak Below 1980 on Closing Basis.
Ready For Upside 3000-4000.
Time Period 2-3 Months.
For Educational Purpose only.
RADICO - Box or Consolidation BO with very good volumeRADICO - Box or Consolidation BO with very good volume
Name - RADICO
Pattern - Box or Consolidation
Timeframe - Daily
Status - Breakout with very good volume
Cmp - 1942
Target - 2340
SL - 1882
Pattern :
A box pattern in technical analysis is a chart pattern that indicates a period of consolidation where the price moves within a defined range, forming a rectangular shape.
Fundamentals:
Here are some key financial ratios for Radico Khaitan Limited:
Price-to-Earnings (PE) Ratio: 96.61
Price-to-Book (P/B) Ratio: 10.062
Debt-to-Equity Ratio: 0.091
Return on Equity (ROE): 11.3%1
Net Profit Margin: 6.81%3
Enterprise Value to EBITDA: 25.793
These ratios indicate Radico Khaitan’s valuation, profitability, and financial health. The company has a relatively high PE ratio, suggesting it is valued at a premium compared to its earnings. The low debt-to-equity ratio indicates a conservative approach to leverage.
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.
Bullish Breakout Potential for Radico Khaitan Above 2040Radico Khaitan has been showing signs of a strong bullish trend, and the recent price action suggests a potential breakout above the 2040 level. If the stock sustains above this channel resistance, we could witness a significant upmove.
Technical Indicators: The stock is currently trading at ₹1,732.10, with a recent high of ₹1,744.401. The 52-week high stands at ₹1,885.10, indicating room for growth.
Volume Analysis: A surge in trading volume could accompany the breakout, confirming the strength of the move.
Price Target: Traders should look for initial targets near the 52-week high, with further upside potential if the momentum continues.
Stop Loss: A stop loss can be placed below the recent swing low to protect against any false breakouts.
Conclusion: Radico Khaitan’s breakout above 2040 could offer a lucrative opportunity for traders. Keep an eye on volume and price action for confirmation.
Remember to adjust the figures according to the latest market data before posting. Happy trading!
RADICO - Bullish Momentum with VolumesNSE: RADICO is closing with a bullish momentum candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving with bullish momentum for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
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RADICO - Swing Trade - 1st Feb #stocksRADICO (1D TF) - 1st Feb, 2024
Pattern: SYMMETRICAL TRIANGLE
- Volume Spike Buildup - Done ✓
- Upper Trendline Breakout - In Progress
- Retest & Consolidation - In Progress
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RADICO ANALYSISBullish view on Radico.
Price pulled back to breakout level and at inclined upward trendline.
Stoploss below support zone and target to swing high.
RADICO - Swing tradeRADICO - Swing trade
Looking very very strong and there is good volume pop!
Can go long with SL of 1091 and final TGT of 1350!
More than 3R trade possible. Trailing SL is a must!
RADICO : breakout possibleA breakout is possible in RADCIO day chart. One can take a long position with a strict stoploss below 1160.
RADICOCMP: 1070
- Compression in price is visible near the breakout level
- Quarterly results on 25 Jan
RADICO - WEEKLY BUY Radico Khaitan Weekly Chart : Stock is trading above monthly pivot with slow and fast ema 52,13 positively. We expect 2 or 3 weekly bullish candles on chart from current levels. Its a good risk reward ratio set on Radico.
YR 2022 Idea #147: Long on RADICOThis is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. Our objective to help anyone who wants to learn technical analysis using charts by demonstrating my real trade entries. You can post your queries in comment section here and we will try to answer them asap.
RADICO - Ichimoku Bullish Breakout Stock Name - Radico Khaitan Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 1084
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, it motivates me to do analysis.
RADICO - Ichimoku Bullish Breakout Stock Name - Radico Khaitan Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 1032.
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, it motivates me to do analysis.
Radico Khaitan-Cup and Handle Pattern Breakout.Radico Khaitan-Cup and Handle Pattern Breakout Daily Time Frame. Entry Zone-980/1000 Expect a Target-1250/1270 Stop Loss-910 .
RADICO Long in cashRADICO Long in cash due to symmetrical triangle pattern breakout.
Target would be height of triangle
Radico Khaitan - bullish view.HI,
Radico khaitan chart completed its breakout.
It is expected to move further 200 points.
Possible breakout in Radico...Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Target 2 (86%) achieved in Radico Khaitan. Target 3 is ON...This is follow-up on Radico Khaitan. Can check link to related ideas.
Target 2 achieved. More than 86%. Target 3 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Target 3 (144%) achieved in Radico Khaitan. Target 4 is ON...This is follow-up on Radico Khaitan. Can check link to related ideas.
Target 3 achieved. More than 144%. Target 4 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
