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.
Radicoanalysis
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 pattern targetRadico pattern target. Price action target is more important for me and i mostly do not just fit and wait for pattern target even price action is saying to exit or hold..
Radico Khaitan - Swing tradeFlag breakout in radico. swing traders can plan a trade here with SL below the bottom trendline.
Beautiful channel patternThe nice channel you can enter a long or short position at the respective key levels/
RADICO KHAITAN - AT THE EDGE OF THE TRIANGLE PATTERNRADICO is at the edge of the triangle pattern.A closing above 310 will lead to target of 328(first resistance) and then 360 will be the next barrier.Failing the pattern on downside will lead a downside move till 285 which will be the first support and 250 the next major support.earning results are to be announced in 5 days so better to keep this in watchlist to see for a breakout or a downside.
