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srikartiram
Jan 5, 2021 10:29 AM

REDINGTON | Short term pick - 50% upside potential Long

REDINGTON LTDNSE

Description

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
SWAP_PR
Target achieved 🚀🚀
ak896032
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.
mukeshsingh92
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.
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