ascending wedge pattern indicating bearish movementBy technical analysis ascending wedge with contionue previous downtrend formed indicating bearish movement wait for breakout confirm by increasing volume, short with stoploss at 96.75 , targetprice at support zone. Further if it breaks upwards target price should be 131.00 and stop loss at supprot on trend line. MACD indicates continuous trend upwards i.e from april to july session. While rising wedge indicates downtrend. overall wait for breakoutShortby babaji16074
Redington India - Technical ViewRedington India could head towards 120, if it breaks out above the trendline. On a weekly closing above 120, we may see 155 levels in medium term. Support is in the zone of 87-90. Longby IamAStudentOfTheMarket0