Chart of The Week - Radico Khaitan Ltd Target Rs.5150.00 - Jainam
Radico Khaitan Ltd
Buy Radico Khaitan Ltd 4650.00 CM 4650.00 Target 5150.00 Stoploss 4400.00 Holding Periond 1 Month
The shock price trading at Rs. 4850.00 on 13 ιν, 2028
The stock nas Inmed a butan reversal pattem on the daily chart, resembling an inverse Head and Shoulders pattern, and has witnessad stireakout, indicating a potential improvement in bolish momentum.
At this point, the stock is trading above at is important moving averages, with the short-term 20 and 50 averages trending upward.
The RSI has crossed above the 60 mark, indicaling strengthening bullish momentum and supporting the postive technical outlook,
We expect the stock price to continue its cument brush momentum and head towards 5150.00 levels considering the cument price action
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SEBI Registration No.: INZ000198735, Research Analyst: INH000006448, PMS: INP000006785
