REDINGTON INDIA LTDThis chart is only for educational purposes and should not be considered for doing any buying and selling in this stock.
REDINGTON trade ideas
Big moveRedington formed a triangle pattern some time ago...and the BO was with a gap up and now it has reached 274...from 193 to 274...which is big
Target 1 - 244
target 2 - 277
Redington India LtdThis chart is only for educational purposes and should not be considered for doing any buying and selling in this stock.
Crazy move..breakout from trangle patternIn 2 sessions redington has made a monumental move...breakout from triangle and kept moving up
Targets mentioned...today's upper circuit is 263.5
RedigntonRedington 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.
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 breakout
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.
