⚡️Low Debt ⚡️Good dividend yield ⚡️500% return from Mar 20 to Jul 21 ⚡️Sideways since Jul 21 ⚡️ATH Breakout expected ⚡️Volume rising 🔴 SL 169 🟡 CMP 177 🟢 TGT 195/222/266
RSI indicator is above 70 the stock is at overbought position. Redington stock formation of Lower high and Lower low( price Channel Pattern) Target 135 This is for educational purpose only
The above information does not constitute investment/trading recommendation and it is purely for educational purpose. Please check the Strategy below... SWING Trading Strategy: Position is created, only upon stock closing above the entry price on day closing basis and is held on for 5-10 trading sessions for larger gains (5-10%) INTRADAY Trading...
Namaste! Redington India is a good mid-cap pick considering it's fundamentals, very consistent EPS, and after a good correction. It is a buy at current prices (Rs 126.55). The logic is simple, if a company with good fundamentals available at a discount, then it's a perfect opportunity to invest. Remember, never invest more than 10% of your capital in any...
Redington formed doubled bottom one can take risk here for new high
Elliott wave analysis:- Running Flat took place with B wave as triangle. now an upside move is expected. i am not a SEBI registered advisor. Before taking a trade do your own analysis or consult a financial advisor. I share chart for education purpose only. I share my trade setup.
REDINGTON - After correction stock is ready to go towards 190 levels.. BUY with SL143.
an alternate view on final 5th wave and once this is completed. an impulse wave was yet to complete.
ELLIOTT WAVE ANALYSIS An impulse took place and a cycle has completed the 1) wave and the correction of 2) is in the end . In 2) wave a simple flat correction took place. But my view is that we may expectation is that we may expect a complex correction . It may raise to 180-190. If the up move was slow and too long then we can expect a correction...
Refer chart for details Stock : Redington Timeframe : Monthly timeframe
Redington : Hammer formation at support and strong bounce Stay Long above 161 with support at 154 and 146
REDINGTON LTP : 151.95 Support : 120-132 Targets: 159/194/253++ Disclaimer:This is my personal view. Prior to making any investment or trade decisions, please consult your financial advisor. #REDINGTON #StocksInFocus #stockmarkets #stockmarketnews #investing #SGXNIFTY #NASDAQ
Likely close above 165 by the end of month. Story of this company is changing as they are trying to improve margin in coming 1-2 year by cloud business accounting about 8000 crore business and out of that 10% approx of cloud service which carry margin of 25-30% and cloud carry 6-7% margin. Story is very great... Let's see what happen. . In coming years I think...
SO its clearly shows the bull singnal also making a chennel patern so you can take a small risk for getting huge profit
In this analysis, we will delve into the technical aspects of Redington's chart, highlighting the support at the weekly rising trendline and the potential Harmonic Pattern Gartley formation. We will assess the potential buying opportunity for Redington based on the technical signals. Let's proceed with the analysis. Chart Analysis: The TradingView chart for...
ridingtone right now on bullish mode and it is above all moving averages and also with 60+ rsi it can buy at 188 level targets 1st 202 2nd is 230 it can be give good move if the volume increase and break it resistances point which is 202 strong resistances happy trading disclaimer this are only for educational purposes
My swing trading rules 1. Analysis of only F&O stocks . (200stocks daily). 2. Finding an opportunity by technical analysis. 3. Stock price must be above 50/200 Ema crossover .
Buy above high of breakout candle at 185.05 stoploss at 174.3