DrAzygos

REDINGTON LOOKS STRONG AFTER GOOD YoY result

NSE:REDINGTON   REDINGTON INDIA LTD
REDINGTON after announcing good YoY result yesterday opened with a gap up and is trading above all R3 (Fibonacci).
it has entered into a pervious channel that i had marked before the Small-Cap fall that happened on Wednesday.
today it took support at the lower green support line and moved back up.
also DAILY Heikin Ashi shows strength.
keep an eye out for a breakout above the red line, or a break-down below the green line.
Trade closed manually: stock split took place today. will update with new chart

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