Radico Khaitan stock has doubled in Value in last six months. But what has been the fascinating part of the bullish journey - the way stock offered textbook entry points before making the move. It did twice on the way up and I am glad I covered both such instances -smarketpremium.com website.
I even mentioned the stock on Twitter
Most of the stocks still very early in their move be it Radico, United Spirits, Globus Spirits
— Deepak Singh (@smarket) November 22, 2017
There are two kinds of move stock makes - One very random move which cannot be played in text book fashion and one where stock follows a pre-defined script. My objective is to capture the stock that makes such predefined move. Here's how the Radico Khaitan made the move. Can you see any textbook move?
Here's how Radico Khaitan made the textbook move resulting in gains of 100% and 70%. - Member's only case study
Science of Stock Price Action
The Business of Investing is not same as Investing in business. You have to know how stocks make a move and try to capitalize on that opportunity. It means following fundamental newsflow and its impact on Price Action.
Price Action is one of the best ways to make good investment decisions. That's what I teach all the time.
If you find Price Action fascinating - then Science of Stock Price is a good place to start. It's a website designed to help you learn various Price Action concepts.
Disclaimer – The state of the market notes is Deepak’s perspective on the market. The column is purely for educational purpose. Nothing contained herein is a solicitation to trade or a recommendation of a specific trade. By reading this publication you agree to make no trade relying in whole or in part on the comments of the writers