Buy Redington above 330 for a target of 390+, SL of 310 Appears to be a triangle breakout or a flag and pole breakout with a retest. We can expect the prices to move upwards if the momentum picks up from here.
REDINGTON INDIA - WEEKLY Breakout with volume support. Daily candle closed at Upper Circuit with such strong move upside is expected. But needs to wait for the entry at retest level. By - Rahul_Mathur
The stock is in up trend and is expected to move upto target shown on chart .
The stock gave a breakout after some consolidation. After making a new high, there was a pullback. The last candle is a dragonfly doji, which is a bullish reversal candle. We should wait for a confirmation candle and then take an entry. The volumes support is also good. Volumes are good when the stock is making higher high and volumes and low while pullback.
Take long after it tests it trendline support
Weekly BO and huge volumes seen lately. Redington India, distributor of IT, mobile and allied electronic products, has approved 1:1 bonus and fixed as 20 August 21 as the record date and a dividend of Rs. 11.60 has also been announced. Share price can rise substantially
REDINGTON was shared on May 27, 2021 to buy between 186 to 189 now you can see it is @ 316 in 1.5 months.
This scrip is one of the must added stock in your watch list as it starts momentum after steady built up over. So traders keep on your radar and enjoy the profit. Thanks to all...
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
This is follow-up on Redington (India). Can check link to related ideas. Target 1 achieved. More than 40%. Target 2 is ON. Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please...
Stock is looking to make new Flag pattern
Wait for 230 long term play. HUGE cash on book. very high orders. high dividend. Long term play.
redington india , accumulation mode for a med-long trm trgt of 54% = 207.35...buy on dips,