Radico Khaitan-Bullish-Will this beverage stock takes rally now?

8월 25일

RADICO

25.08.2024
Buy- 1845
Target-2002
Stop Loss-1739
Risk Reward- 1:1.5

1.Breakout- Parallel resistance breakout. Biggest green candle in last 8 months
2.Trend- Consolidation(Sideways) from 8 months.
3.KeyLevel- At resistance
4.Volume- Volumes increasing in bullish & good volumes in breakout candle
5. EMA- Above 21 & 50 EMA. 200 EMA Rejection
6. RSI-Bullish divergence found
7. Chart Petter- W Pattern formation. Expected to give good breakout

8월 28일

액티브 트레이드

Active

8월 30일

액티브 트레이드

Very good move. Hope to reach the target in next few sessions

9월 2일

거래청산: 타겟 닿음

As mentioned in above update, target has reached in next session itself.
11% up in 6 sessions.
It is good to hold for short term view.