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.
RADICO trade ideas
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 - 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.
#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.
Radico Khaitan Ready to blast after accumulation Radico Khaitan Ready to blast after accumulation
Positive signs
1 chart pattern like triangular pattern
Ready to blast after few more trading sessions
2 RSI is in uptrend wheather cadles are consolidating
3MACD is showing nearly crossover and strengthened by crossing center line
4 volume is decreasing in triangular pattern chart
#RADICO KHAITANCASH LOVER / SAFE PLAYER BUY #RADICO KHAITAN
REASON TO BUY: Stock is taking support from 250 (EMA), my pattern is also activated, RSI divergence is also there, and have formed multiple reversal candles on their daily time frame.
POSITIONAL CALL
#RADICOKHAITAN
Buy at 963 (CMP) & use every dip to accumulate for the TARGET of 992, 1046+
POSITIONAL TARGET: 1115 & 1174++
#INVESTWISELY_1111
##swingtradingopportunity #positionaltrade #NSE #buyshare
Disclaimer: I'm not SEBI registered. The information provided here is for educational purposes only. I'll not be responsible for any of your profit/loss with this channel's suggestions. Consult your financial advisor before making any decisions