RADICO trade ideas
RADICO KHAITAN : BREAKOUT Fundamentally good stock
Moves in a range for 1 month - BREAKOUT
Buy@CMP
Trading in blue sky zone
Disclaimer
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis
Buy Radico khaitan This share make a pattern of HIGHER LOW HIGHER HIGH. Buy this share in delivery with a short term purpose if breaks the level of 925 and sustain for this level for at least 15 minute
My first trgt-1010, 1100
SL-884 closing basis
If any viewer is also having any extra knowledge with respect to this share plz share with with us in comment section so that other viewer can also take the benefit of your knowledge .
RADICO TRADE PLAN: 04 SEP 21 ONWARDSLevels as mentioned on the chart with probable Price Action to follow....
Be Proactive Trader
Better Insight, Better Trade Execution
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. ''I HAVE A RIGHT TO BE WRONG''
"Always Respect Risk"
Happy Trading
Jai Hind
Go Long for Festival HighRadico Khaitan Ltd., formerly Rampur Distillery & Chemical Company Ltd., is an Indian company that manufactures industrial alcohol, Indian Made Foreign Liquor, country liquor and fertilizers. It is the fourth largest Indian liquor company.
This Festival session liquor demeaned will increase.
POSITIONAL #KASH_STOCKRADICO KHAITAN is moving in a parallel channel pattern. if it doesn't break the channel lower trendline and shows the reversal from the lower trendline, it can again continue with the channel pattern and touch the channel's high. keep in your watchlist and wait for the reversal sign.
BUY NSE:RADICO - BULLISH BREAKOUTScrip: NSE:RADICO
Trade: LONG
Entry: 820-825
Traget-1: 883
Reason for trade: Bullish breakout with supporting volumes in RADICO. Once daily candle closes above 820, long position can be initiated.
Disclaimer: Please consult your advisor before taking any trade decision. After all, it is only an idea!
Target 1 (36%) achieved in Radico Khaitan. Target 2 is ON...This is follow-up on Radico Khaitan. Can check link to related ideas.
Target 1 achieved. More than 36%. Target 2 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.
RADICO KHAITAN is in up trendRADICO KHAITAN (NSE) – I am bullish on RADICO KHAITAN only when it breaks upper yellow trend line. This stock is good for long time investment.
If you are looking for going long on this stock, buy only when it breaks upper trend line and starts trading above 885 upcoming target will be 958 and 1041. Otherwise, it can come for selling side. Both the upper green line is showing upside target and both the below pink line is downside target.
This idea I only for educational purpose, please trade at your own risk.
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