RADICO zig zag line and candlestick pattern practiceRADICO zig zag line and candlestick pattern practice
RADICO trade ideas
RADICO Breakout LongDate : 02-09-2024
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Breakout (PICK RESEARCH TO OBSERVE)
RADICO Looks Good Above 1974
SL 1762
Target 2039, 2104, 2235++
Hold Period : Few Weeks to Months
Reason for Pick : Breakout, Above 20, 50, 200 SMA
Please consult your financial advisor before investing
All research for educational purposes only.
RADICO KHAITAN : A symmetrical channel Breakout💡 RADIKO KHAITAN has shown a symmetrical price channel breakout in a weekly time frame.
📈 It has given a very nice breakout that too with much more volume. It can rise till the target of symmetrical price channel range.🚀
🟢 Range : 1880 - 1900
🎯 Target : 2100 / 2300
🛑 Stop : 1600 (wcb)
⚠️ Disclaimer : It's not a buy/sell advice. It's a view purely for the educational purposes.
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- Dravas Box Breakout WeeklyHi, Radico Khaitan has been consolidating since Dec, 2023 and after almost 8 months of consolidation it has given a breakout on weekly chart. Remember, after long consolidation the stock normally show wild moves. It Support is 800 and target as per pattern is 2293
Radico Khaitan Ltd Near the Breakout Incorporated in the year 1943, Radico Khaitan is one of the most recognised IMFL (Indian Made Foreign Liquor) brands in India.
The company was initially known as Rampur Distillery Company and was focussed on distillation and bottling for branded players and canteen stores of armed forces.
Later on in the year 1997, Radico Khaitan ventured into its own branded IMFL products and launched its first brand 8PM whisky which became its millionarie brand within a year of its launch
RADICO | Channel Pattern Breakout | Swing TradeRADICO | Channel Pattern Breakout | Swing Trade
Chart Description
1) Channel Pattern Breakout
2) Good Volume support
3) EMA 100 support
Radico Khaitan: Attempting BreakoutNSE:RADICO looks strong and is attempting a breakout. One can buy above 1850 and keep that level as stop loss. Clean chart. Strong business.
Radico - At resistance currentlyRadico :
Currently at resistance area, multiple rejections earlier.
Need to sustain 1890 levels for possible strong upmove
Radico Khaitan Ripe for a BreakoutRadico Khaitan is having a good price squeeze and is getting ripe for a breakout.
Long position can be taken once price closes around 1738 level.
First Target is around 1930 level.
Radico Khaitan Breakout | Swing Trade Radico Khaitan has recently demonstrated a strong breakout from its resistance level, signaling potential for a short-term trade opportunity. This breakout is indicative of increased buying interest and momentum, suggesting that the stock could see further upward movement. Traders might find this an opportune moment to capitalize on the stock's bullish trend in the short term.
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.
[Swing Trade] RADICO 1780RADICO has had it's consolidation BO with intriguing volume. Will it make another ATH? My all eyes in RADICO!!
DYOR - This is not reco to buy
RADICO KHAITAN LONG Hi Everyone. The chart that is shared is of Radico Khaitan. I expect the stock to cross 1850 in upcoming 2 weeks. Traders can swing this and expect a good move as shown in the picture.
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!
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall.
Multiple Inside Bar Breakout in RADICO
BUY TODAY SELL TOMORROW for 5%
BREAKOUT IN RADICO📌SWING TRADE FOR NEXT WEEK🚀
Hello Traders⚡
I am a Swing Trader by Passion i only trade on Momentum Stock's.
📌I Post Daily SWING CHARTS Analysis on My Trading view profile..
So let's Start
📌TRADE ANALYSIS OF RADICO
• Potential Breakout Chart
• VCP Pattern
• Short Range Consolidation
• Price Can Take Retest from support Line
• Overall The Price Is Moving In HH-HL Formation
• Volume Buildup Near BO Zone
• Looks Good For 10-20% Upside Levels After The Breakout
📌 If you have any questions about any stock you can comment on post 📱
📌Disclaimer:-
This all chatrs analysis are only for educational purposes only
I do not provide any CALL or Tips
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.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
radicolong trade
cash segment
stock : radico
buy @ 1640
sl @ 1566
target @ 1776
note :
this informartion is only for education
