purnendrakumargupta

Buy and hold Redington for 2-3 months.

Long
NSE:REDINGTON   REDINGTON INDIA LTD
Hold Redington for 2-3 months.

*Stock has taken a dip on the weekly time frame and now the dip is over as per the weekly chart.

*Stock is starting a new uptrend after consolidating for two months.

* Targets of 270 looks achievable in 2-3 months... or sell when weekly RSI reaches the level of 85.

*** Stock is undervalued with PE of 15 while the sector PE of 39.

Note - This is for education purposes only.