srikartiram

REDINGTON | Short term pick - 50% upside potential

Long
NSE:REDINGTON   REDINGTON INDIA LTD
REDINGTON | Short term pick - 50% upside potential - Previous swing high is now support - Hopefully it will complete the W pattern in few months.

CMP : 130
SL : 110
Target : 195-200

Consider taking only 5% of the capital and relax, the stock is not good for speculation or frequent entry and exit.
Trade closed: target reached

Comments

Target achieved 🚀🚀
+1 Reply
but the rule says the W pattern should form at the end of a downtrend, here it has formed at the end of an uptrend.
+1 Reply
Redington can be a good bet.....it is a global supplier for Apple .. and if the news are true that Apple is shifting it's base from China to INdia. Then this can be potential big time gainer.
+1 Reply
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