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Technicals for Radico Khaitan Limited
By MusingTheNews
2025-05-30 20:53
Overall Technical outlook
Price Summary
Radico Khaitan Limited's stock started trading at 2514.9 on 2025-05-30, climbed to 2549.9, fell to 2504.5, and closed 0.71% up at 2532.8, with 309018 shares traded. Over the previous 52 weeks, the stock reached a high of 2605.9 and a low of 1572.1. 11 analysts forecast that the price of RADICO will range from 2296.0 to 2958.0, with an average expected price near 2650.0.
Technicals
Support and Resistance: The price currently sits at 2532.8, finding support at 2441.8 and resistance at 2534.3. These levels define a range for Radico Khaitan Limited where the price may move, with 2441.8 offering a base and 2534.3 limiting upward momentum. Support/Resistance for RADICO
Aroon: The current reading of the AROON is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Aroon chart for Radico Khaitan Limited
Bol. Bands: The BOLL BANDS is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments. Bolinger Bands chart for Radico Khaitan Limited
Parabolic SAR: The PSAR continues to signal a bullish outlook, establishing a key support level that reinforces the market's upward momentum. This support could serve as a base for continued gains, suggesting that the bullish trend is likely to persist. Parabolic Stop and Reverse chart for Radico Khaitan Limited
Stochastic: The current reading of the STOCHASTIC is neutral for RADICO, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction. Stochastic chart for Radico Khaitan Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 period moving averages points to a bearish trend, signaling continued downward pressure. Yet, the slower SMAs are showing signs of weakening, hinting at a possible shift. This loss of momentum in the bearish trend may indicate that the market is preparing for a bullish pivot, with a potential reversal in direction on the horizon for RADICO. Tripple SMA chart for Radico Khaitan Limited
A thorough analysis of a company involves looking beyond its stock price movements and trading patterns. You must also examine its fundamentals, which include profitability, growth prospects, and competitive advantages. Additionally, the industry in which the company operates provides important context, as factors like technological innovations, regulation, and market demand influence performance. By integrating this information with technical analysis, more accurate predictions about the company's future can be made.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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