NSE: REDINGTON is closing with a bullish swing reversal candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 12% gain on...
Also Recommend Buy @151 With Target ₹200 Is Almost Achieve And Today Again Recommended To Buy For Long Term.
NSE:REDINGTON Script - REDINGTON CMP - 185 Target - 200 TF - DAILY if any doubt please ask. keep support me. For educational purpose only. i am not sebi registered. Do your own analysis. Please consult your financial advisor.
Given breakout and heading upper trendline in channel.
C&H pattern formed on daily time frame. Parallel Channel Breakout successful. RSI supporting. Initial Target: 208
Brokeout the resistance which was been tested for multiple times
Redington retesting its breakout. We can go long from here with small stop loss
CMP 178.30 | Positive indicators and moving averages| Breakout on weekly chart with good volume | Bullish momentum SL 165 | T1 - 200 | T2 - 240 *Not recommendation
Radington seems good for the target of 200++ targets. . heading to its all time high.
Redington is presume will break its 52w high of 179.20. The recent upmove retraced to 0.5 level of fibonacci. And it will break now the recent swing high, Can enter from this level.
Inverse head and shoulder pattern in Redington good to add now for a target of 210 Sl 140
P&H Pattern: Monthly Basis Strong Resistance at 153/157 Taken Out. Strong Vol. Consolidation/Further BuiltUp *With Upside, Trail SL* *Book Profit as per Risk Appetite* *Snapshot* Co. major player in Distribution/Supply Chain Solutions with 235+ International brands in IT/Mobility spaces serving 37 emerging markets. 39,500+ active channel partners, 70+ sales...
Retest buying opportunity in a range of 107 to 98. With SL of 70(WCB) For a Target 180+
Redington is consolidating in a range from 140 to 178 from past 8 months. It is kind of flagpole pattern. Seems very bullish if it sustains above 180. A weekly closing above 175 can be a sign of breakout as well. RSI is becoming stronger.
#REDINGTON NSE:REDINGTON NSE:REDINGTON NSE:REDINGTON REDINGTON CMP 166.75 TARGET 220+ SL 155 TF < 6 months RR > 3 Return > 40% Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE...
REDINGTON has tried multiple time to give breakout of this trend line but failed so far. So look out for closing above & follow up for breakout