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Umang Bhutada

17th Oct · SEBI-Registered Analyst

Radico Khaitan Ltd – 1D

RADICO
Trend: Bullish continuation pattern forming higher lows consistently. Pattern: Ascending triangle with a fresh breakout above ₹3,075 zone. Key Levels : Support: ₹2,900 Resistance: ₹3,200 Expected Move: If sustained above ₹3,075, potential upside toward ₹3,250–₹3,350. Downside risk below ₹2,900. Fundamental Highlights: Strong brand portfolio and market leadership in premium liquor segment. Rising revenue growth with margin expansion due to premiumization. Consistent improvement in debt-to-equity ratio. Solid operating cash flow generation. Increasing exports and new product launches boosting long-term outlook. Final Verdict: Bullish bias — breakout confirmation can trigger fresh upside momentum.

#TechnicalViews#FundamentalViews#WatchOutFor#Today’sTradingSetup
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