mrexx.in
MARKETS

Trading Outlook: Radico Khaitan Leads Friday Buy List

Domestic equity markets face a cautious session as investors weigh hawkish Fed signals against cooling geopolitical tensions.

MustakJun 18, 20261 min read
#stock traders#trading floor#financial charts#investing

Indian markets are currently exhibiting a range-bound trend with a slight bullish inclination. The initial optimism surrounding the US-Iran diplomatic developments has largely evaporated, replaced by growing anxiety over aggressive monetary policy rhetoric from the Federal Reserve.

Inflation remains the primary focal point for market participants, particularly as rising energy costs threaten to squeeze corporate margins. This macroeconomic uncertainty has fostered a defensive sentiment, leading traders to favor selective high-momentum stocks over broad index participation.

Amidst this climate, market analysts have highlighted two specific opportunities for Friday's session: Radico Khaitan and VTL. Both equities have demonstrated technical resilience and significant breakout patterns.

Experts suggest that these picks are well-positioned to capitalize on positive momentum despite the underlying market fragility. Investors are encouraged to maintain tight stop-losses while navigating these potential upsides in a volatile trading environment.

React to this article

Comments (0)

Log in to join the discussion.

Loading…