#RADICO Long OpportunityPrice is in a strong UP Trend in WTF, made a Pull Back.
Price in DTF formed a Rounding Bottom Pattern and BO with Volume.
Technical Indicators
RSI Bullish
MACD Crossover
Golden Crossover ( 200ema & 50ema)
RADICO trade ideas
Radico chart for 19th JanAdvanced Double Top was formed of which the target was also achieved. Chart has been following the angular support for a long time and if it keeps to follow the angular support, a long position can be initiated at Rs1068-Rs1070 with first target of Rs1086-Rs1090. Whenever RSI reaches 30 or below, a trend reversal has been seen. Continuing that pattern is also an indication to initiate long.
RADICOCMP: 1070
- Compression in price is visible near the breakout level
- Quarterly results on 25 Jan
Radico - Looking good!A big chunk has been bought in Radico on 2nd Dec. Looking good for 50% upside from here, needs to sustain at current levels.
RADICO: Very Bullish candlestick breakoutNSE: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
LIKELY MEAN REVERSION
bullish relations across indicators
the price has given first pullback to L3 (and weekly L4) and has shown significant rejection with good volume and an increase in range.
despite a gap down and lower auction, price managed to push higher and close higher. meets the traditional criteria of a hammer as well.
RADICO KHAITAN FOCUSFocus Radico Khaitan after breakout with proper risk reward and money management.
@trade_withpriceaction ❤
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.
RADICO - Bullish ReversalNSE: RADICO is closing with an strong bullish candle supported with high 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 consolidating for the past few days and moving along the trendline 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
Disclaimer:
This is for educational purposes only.
Pattern in Formation :Radico KhaitanIn NSE:RADICO the Rounding bottom is in Formation. Long side can be taken after the breakout of neckline. The Price Objective for the same will be the Height of the rounding bottom to the neckline (If the pattern is completed). The stop loss for the same can be determined after the completion of pattern.
Will the pattern complete?
* It is my Analysis and not Buy or sell recommendation.
Inverted Head & Shoulder BO (RADICO KHAITAN)RADICO KHAITAN
On Daily Basis Time Frame the Stock has given a Good BO Yesterday of Inverted Head & Shoulder Pattern on Chart
So as per Chart the Stock looks Good for Short to Medium Term Position as per the Levels given below:
CMP - 1011.05 or BoD 975
Target 1 - 1069
Target 2 - 1155
Target 3 - 1242 +
SL - 905
Time Frame - Short to Medium Term for final Tgt
All charts posted here are only for EDUCATIONAL PURPOSE
Before entering into any Trade / Investment Position kindly consult your Financial Advisor
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 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 - 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 Khaitan LTD. we can call Reverse Head and shoulder Radico Khaitan LTD. we can call it as Reverse Head and shoulder
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 #BullishRadico 1D: BO in place. Good to accumulate between 950 - 1000, SL CLBS 920. 10 - 15 - 20%.
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 Khaitan: Possible Bearish BATExpecting the stck to react sharply in the PRZ (955-993). Wait for proper bearish price action for trend reversal confirmation.
RADICO | Trendline breakout - Looks potential for 15-18%RADICO | Trendline breakout - Looks potential for 15-18%
CMP : 873 (Dip : 845)
SL : 820
Target : 1000
1:3 risk reward setup
RADICO ASYMETRICAL TRIANGLE BREAKOUT + RANGE BREAKOUTstock after giving asymmetrical breakout going to restest the horizontal resistence if breaks it will trigger the trade with stoploss near resistence which will act as support after breakout
#KASH POSITIONAL STOCKThe stock RADICO is moving in descending channel pattern and it is at the lower trendline of the channel pattern if it manages to hold and shows a reversal from these levels then the channel pattern is continuous and we can expect that it will touch the upper trendline of the channel pattern.
This is just my view and I may be wrong at any point in time So, please do your own study before any trade.
