RADICO | TECHNO-FUNDA ANALYSIS
Radico Khaitan Ltd – 1D
RADICO
Trend Description:
The stock is forming a steady uptrend within an ascending channel. It has recently broken above resistance and is consolidating near the retest zone — showing signs of accumulation.
Support and Resistance Levels:
Support: ₹3,074
Resistance: ₹3,425
Expected Move:
Sustaining above ₹3,070 could trigger a rally toward ₹3,420–₹3,500.
Short Fundamentals Summary:
Radico Khaitan is one of India’s leading liquor companies with strong premiumization strategy and consistent revenue growth. Margins are improving due to product mix optimization.
Final Verdict:
✅ Bullish continuation expected — accumulation near ₹3,100–₹3,200 could lead to a breakout rally.
#TechnicalViews#FundamentalViews

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