REDINGTON trade ideas

krishnakhanna

Bottom yet to be confirmed CCI CROSSES 100

nyadav030 Updated 

Level's mentioned in chart

Sunandamedi

WITH STOP LOSS PLACED AT 113, ONE CAN SHORT FOR TARGETS OF 109.9 AND 107, IN THE COMING DAYS.

tanajeek Updated 

buy position

Einstein15

Moving in channel|. made a pinbar on its edge . cud b indication of another leg up.

R-Begusarai

....

matts1

Looks ideal for a bounce.

MarketVidya

Expecting 215-220. SL Closing basis 173

Singh_Siddz Updated 

Will we get a strong weekly close above 150 ??? Keep an eye. Neutral as of now

ChandanTandon Updated 

after breakout at 112 level it makes new high and consolidating at 150 levels. closing above 150 with volume will take this to next zone and will make new territory

Rohit_potdar Updated 

Brakout alrady done after 110, Go long for target 140 in medium term

raghu.972 Updated 

Redington broke out of multi year resistance and heading towards 150.

nandu2002002 Updated 

Long

wildwildmoney Updated 

Redington India closed above the monthly resistance line which seemed more like a descending triangle pattern with an upside breakout. The stock seems to be ready for an upside move to test December 2014 high of 140 level. RSI above 50 is a good sign. Trading strategy : CMP : 109 Target : 138 Stop loss : Close below 92 Reward to Risk ratio = 1.70