This chart is only for educational purposes and should not be considered for doing any buying and selling in this stock.
In 2 sessions redington has made a monumental move...breakout from triangle and kept moving up Targets mentioned...today's upper circuit is 263.5
Stock Has Broken the Support and Resistance
Break lifetime high.
Redington given Good Breakout, Now add this stock fore Positional . add 220/197 we seen 255/288/333/377+ view invalid below 155 wcb. Disclaimer : All views are education purpose only.
LET LAGGING SPAN BE FREE 135 TO 150
By 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...
Redington 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.
Redington India is super bullish in long term.
Redinton buy cmp 149.50 Target 250