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Umang Bhutada

8th Nov · SEBI-Registered Analyst

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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