Redington cmp 223.50 by Weekly Chart viewRedington cmp 223.50 by Weekly Chart view
- Support Zone 208 to 216 Price Band
- Resistance Zone 226 to 235 Price Band
- Bullish Head and Shoulders made with neckline at Resistance Zone
- Kindly ignore the comment "since June 2022" as it got included from another chart
Redingtonoutlook
Redington cmp 245.26 by Weekly Chart viewAdd the stock to your watchlist for New ATH levels creation on the way
Redington cmp 245.26 by Weekly Chart view
- Volumes have burst out exponentially over last few weeks
- All Major Technical Indicators EMA, MACD, RSI trending very positively
- Weekly Support at 216 > 183 > 152 and Resistance ATH 248 and every New ATH
- Stock Price traversing within the Rising Price Channel and has hit ATH 248 last week
- Also Multiple Bullish Rounding Bottoms formed by considerate VCP Pattern too can be seen
Redington cmp 223.50 by Weekly Chart viewRedington cmp 223.50 by Weekly Chart view
- Support Zone at 194 to 199 Price Band
- Stock made back to back Bullish Rounding Bottoms
- Price closure sustained breakout well above Falling Resistance Trendline
- Weekly basis Support at 199 > 180 > 158 with Resistance only at ATH 238.46