RADICO KHAITAN LTD
Long

RADICO – Ready to move higher !

All time highest close. A nice VCP pattern on the weekly. Moving above the shadow of the “BC” bar in the weekly. Positive Relative strength.

On the Daily it is taking out the current Price Rejection Zone at 1190-1250. Good volume support. Positive Relative strength.

In short, the stock looks gearing up a move to much higher levels

snapshot

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