🚀 Breakout Mode: Radico Khaitan Surges +6% With Strong Momentum!

After a long sideways consolidation, Radico Khaitan just delivered a clean breakout candle, jumping over 6% in a single day. This is not just a breakout — it’s a statement. 🔍 Technical + Fundamental Snapshot 🔹 Elliott Wave Perspective The current structure hints at a fresh impulsive Wave 3 leg post a complex correction phase (Wave 2 likely completed in the ₹2,400–2,500 range). Strong price expansion and rising volume confirms the start of Wave 3 acceleration. 🔹 MACD Confirmation MACD just crossed above the signal line with a widening histogram — bullish momentum is clearly building. No divergence, showing internal strength in this breakout. 🔹 AVWAP & Dynamic Support Price continues to respect long-term AVWAPs as rising support — especially the anchored levels near ₹1,660 & ₹2,040. Today’s surge lifts price into all-time high territory, indicating uncontested price discovery. 💹 Fundamental Edge Premium product portfolio and robust distribution network across India. Consistent revenue & EBITDA growth over past few years, despite sectoral headwinds. ROCE > 20%, reflecting strong capital efficiency and steady brand premium in the liquor industry. ✅ Conclusion Radico Khaitan has activated a multi-signal breakout — technicals + fundamentals + trend all aligned. With clean structure and upside open, this stock might just be getting started in its next trending move.