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

8月25日

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

8月28日

交易進行

Active

8月30日

交易進行

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

9月2日

交易結束：目標達成

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.