Bullish on Redington IndiaRedington India is looking good for a quick move as there is a good volume spike
REDINGTON trade ideas
Give me Red ( slow and boring mover) Redington is a leading distributor of products and integrated supply chain solution provider in the field of technology and communications in India as well as across the globe. Being the second largest distributor of IT products in India, it is a premier distributor of products
follow up post for next level
Redington_Buliish on ChartFlag patter, decent consolidation and now trading at a higher point . Decent volume turnaround. Expecting a fresh high.
REDINGTION INDIA LTD ( EDUCATIONAL PURPOSE ONLY)There is no guarantee in stock market and Nothing over week
Always Invest or trade according to your loss bearing capacity
STOCK TO STUDY (EDUCATIONAL PURPOSE ONLY)
REDINGTON INDIA LTD. with target of RS 165 CMP IS RS 158.15
STOP LOSS: ACCORDING TO YOUR RISK APPETITE OR @RS 153
Disclaimer: I am not Sebi Registered. All my ideas/opinions and analysis are for your information and educational purposes only and it does not constitute any recommendation to buy or sell any stock or index. Use your own wisdom.
M B PANDEY
Student of Share Market since 2015
B.Sc. (MATHS & PHYSICS)
Disclaimer: I AM NOT SEBI REGISTERED
#REDINGTONStock is consolidating near it's ATH.. expecting to break 9 months range.. Target 175/215/255
Reversal CandlestickNear a well defined boundary a reversal candlestick pattern, initial sign of reversal .
✍️As a breakout trader thats provides me the extra buffer zone and additional risk appetite when price break the upper boundary .
✍️ Maximum time if price not break the low of the hammer and price sustain above hammer high then my initial target is upper boundary of the pattern . if price break the upper boundary then book my previous quantity and add fresh quantity there .
REDINGTON INDIA REDINGTON INDIA can be entrered @CMP or wait till 155 for confirmation of breakout
TARGET : 180
REDINGTON is at support can give up to 50% returnsI will buy REDINGTON because :
It has been taking support at the trend line .
It has been consolidating and give big move soon.
So will be looking at buying opportunities.
If it breaks the support look at shorting
Entry : 140
Target : 190/200
Stop loss : 131
Redington India is bullishYou may make a fresh position after closing 180. Stock is looking bullish. Volumes are also high. it is showing strength in this bullish market...
REDINGTONREDINGTON
CMP: 174
- Box consolidation near All Time High
- Volume picking up
- Added some today after breakout of 1 Feb high
- I will add more after box breakout
#Redington India#Redington India
Buy near 168
Target -183
SL-161
CMP:173 @10 February 2022
Timeframe-15-30 days
Shared only for educational purposes
Swing opportunity!!!The stock looking good above 180.
This is only for educational purpose, Do your analyze before trade!!!
REDINGTON : RANGE BORun up started , Expecting good Up move
TGT - 190 & 210+
𝑫𝒊𝒔𝒄𝒍𝒂𝒊𝒎𝒆𝒓:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis
Redington approaching breakout
A clear strength once it breaks 180.
Although have position at avg of 150.
Avg up my portfolio qty today at 173.5
Long term stock.!!!
#vr
Trendline Breakout in REDINGTONDON'T HAVE TIME TO MANAGE YOUR TRADES? | Trendline Breakout in REDINGTON
- Take BTST trades at 3:25 pm everyday
- Book profits within first 30 minutes of the market opening
- Try to exit taking 3-5% profit of each trade
- SL can be taken when 5/15 min candle close below 44EMA
- SL can also be maintained as 1% or closing below the low of breakout candle
Levels mentioned on the chart are calculated using Breakout Indicator
Now why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Buy Today, Sell Tomorrow: REDINGTON for more than 5%
Hidden Gem looks nice at 161.40/-Hidden Gem looks nice at 161.40/- , Fibonacci also supporting the bias
REDINGTON BREAKOUT COMING SOONPlease keep watch in REDINGTON . I THINK BREAKOUT WILL BE COMING SOON.vOLUME IS ALSO SOON
Redington Institution BuyRedington Institution Buy today : huge volume huge candle. entry with 40% of desired amount. deploy full capital above resistance (white line)
REDINGTON INDIA IS BUY CALLRedington India is looking good at current level..volume activity is also seen.valuation also looks good
Retest Done !!!This stock gave decent retest. looking for good long opportunity.
look at the long wick in last trading section. if your find good bullish candle in next section, then place your trade at EOD.
This is only for educational purpose, Do your own analyze before trade.
Redington Retesting BreakoutWe have seen Redington giving a breakout after 6 months consolidation period after split. Due to current market situation we are seeing that stock is coming back to retest its breakout. If sustained we can get massive upside movement as its results are expected soon. If it breaks its support we might see possible levels in the channel where we can buy for long position.
