RADICO - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 05 Nov 25, 7:43 am

Technical Rating: 4.2

📊 Technical Analysis Summary

• Trend Status: Trending upward
• Current Price: ₹3,139
• RSI (56.2): Bullish-neutral — healthy momentum
• MACD (66.4): Strong bullish crossover — upward momentum confirmed
• Volume: Above average (7.70L vs 4.31L) — strong participation
• DMA 50/200: Price above both (₹2,993 & ₹2,654) — bullish confirmation
• Bollinger Bands: Price near upper band — resistance likely near ₹3,400

📈 Entry & Exit Zones

• Support Levels: ₹3,050 / ₹2,990 / ₹2,900
• Resistance Levels: ₹3,250 / ₹3,350 / ₹3,423
• Optimal Entry: ₹3,050–₹3,100 (on minor pullback)
• Exit Target: ₹3,350–₹3,423 (if momentum sustains)

✅ Positive

• Strong MACD and volume — bullish momentum confirmed
• Price above key moving averages — trend continuation
• ROCE (16.2%) and ROE (13.6%) — solid operational efficiency
• EPS of ₹34.3 and consistent quarterly PAT — earnings stability

⚠️ Limitation

• High P/E (90.6) and PEG (8.21) — significantly overvalued
• Dividend yield is minimal (0.13%)
• Price near 52-week high — limited upside without breakout

📉 Company Negative News

• DII holding declined by 0.48% — domestic investor caution

📈 Company Positive News

• FII holding increased by 0.23% — foreign investor confidence
• Quarterly PAT stable at ₹139 Cr — consistent performance
• 52-week performance up 82% — strong long-term trend

🏢 Industry

• RADICO operates in alcoholic beverages — consumer-driven and brand-sensitive sector
• Industry P/E is 35.6 — RADICO trades at a steep premium
• Sector benefits from premiumization and rising urban consumption

🧾 Conclusion

• RADICO is currently trending upward with strong technical momentum and institutional support
• Entry near ₹3,050 may offer upside toward ₹3,423 if momentum continues
• Valuation is stretched — suitable for short-term momentum traders, cautious for long-term investors