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
- forming HL and HH - Above key EMAs - Bullish RSI
bounced from 200DMA and building up near trendline.stop below 169 on closing basis for targets of new 52W high.
Stock looks good at the current levels for swing action. Good volume and price action for swing. Check chart for target.
Redington is forming positive bullish structure on weekly time frame. Today Company is going to announce its Q4 results also. Keep on radar.
# Redington 1. Multiple Support & Resistance on TL 2. Formation of Inside Bar, opening at Low 3. Price is above all EMA's 4. Volume is rising 5. Trend may change if Price goes above the preceding Bar, gives BO of TL & Swing High 6. Close Entering 52 W High Zone (202.30) * Educational purpose only
BUY above high of brakeout candle with 1:2 minimum take profit
Reason for long a) Trendline breakout b) volume and burst price c) weekly breakout d) SL compulsory
REDINGTON BUY : 173 TARGET : 190 DISCLAIMER - We are not a SEBI Registered Advisors. This channel is purely for Educational purposes only. We will not be responsible for your profit and loss.
1. Trend is bullish in all TF 2. Bottoms shifting higher 3. Price trading at support 4. Risk to reward is lucrative about 1:4.3+
Redington break channel current price 177 buying price ...target 199
Nice chart structure Has a potential to move up Can watch this stock.
Redington needs to hold 160 levels to keep this counts valid & a day close above 183 will gain momentum. This Stock is in Larger degree Wave 3 so keep riding the trend.
Redington In Weekly Candle Stick Full Buying Pressure and Will Make Flag and Poll Pattern Can Go Long In this Share My View for Nifty is Bearish Can Touch 17000 Levels Or may get Reversal From 17300