reddington india weekly medium term investment.all levels provided on chart. looks very promising. self explanatory. follow strict stoploss.good luck.
REDINGTON trade ideas
REDINGTON [Bullish pennant]The bull pennant is a bullish continuation pattern that signals the extension of the uptrend after the period of consolidation is over
TAREGETS are open after breakout with high volume or wick rejection .
I am not a sebi register this only for education purpose .I am not responsible for any loss or profit
Redington: Some key points to analyseRedington is looking to break away from consolidation. Need to lookout for price movement above 156.
Also, make a note of:
1) above average volume activity over the past few days
2) RSI at 57 with upward bias and...
3) Relative strength as it gathers strength to outperform
Redington (india) LimitedHuge volume breakout in Redington (india) Limited, now it is ready to increase
Clear breakout (history repeats) - Fundamentally very strong!Volume breakout can be observed in the image and this will soon start trading level of 180 to 200 levels.
Investors will make good money in this for long term as this is fundamentally a very solid company!
Redigton India UDANE KO taiyaar.......Redigton India ne bhi box breakout diya hai. Friends Corona third waves me patient badh rahe hai,aur market bhage jaa raha hai... Market is amazing... Market to super se bhi uper hai
RangeREDINGTON stock is uptrend with good accumulation. Cmp is 163.25
Best discounted price to buy 151.7
Target 1:175.15
Target 21:184.25
Target 3:210.55
Please consult your financial advisor before investing in this stock.
REDINGTON give Breakout with good volumeREDINGTON give Breakout
Volume is also good comparatively to other days
Chart Analysis of Redington (9 Jan 2022)Descending Triangle breakout done on weekly basis. Highest weekly volume after 8 years.
Target : 180,205
SL : 156 WCB
Only for educational purpose. Not a recommendation.
Buy Today, Sell Tomorrow: REDINGTON for more than 5%DON'T HAVE TIME TO MANAGE YOUR TRADES?
- 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
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.
reddington flag pole breakoutlevels on chart, weekly breakout. 5 months of consolidation. buy after it breaksout and retests.
Bullish trade on RedingtonRedington has broken bull flag pattern on weekly time frame. Can be bought for the target of 250.
Note- For education purpose only.
#ReddingtonA nice breakout of a triangle with supportive volume. This looks ripe for another 20% move on positional basis.
View negated below 140 on closing basis.
redigton gave traingle breakoUTRedington has been trying to breakout from the triangle for the past couple of days.. coupled with fibs this is a good one for going long
RedingtonDisclaimer: This is for demonstration and educational purposes only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before making any trade.
Redington (India) Ltd Huge Accumulation Some one accumulating since July 21 and once break above from 155 to 165 . Stock is ready for 30-40 % upside
Redington in Tight RangeRedington will decide the move soon, whether upwards or downwards
Positives
1. Trading near ATH for long term
2. PE(11) lower compared to Industry
3. OPM improved in last 3 quarter
4. EPS improved for last 3 quarter
5. Dividend Payout improved in last 2 year. 60% Dividend payout last year
6. Borrowings reduced drastically in year ending Mar 2021.
7. Improved ROCE(20%) for year ending Mar 2021
Negatives
1. FII stake decreasing for last 3 quarter.
Redington-Cup and HandleRedington is forming Cup and Handle on daily time frame. Also volumes are good for the breakout to happen with Supertrend being positive and RS is also +ve. Could be a 20% swing trade
REDINGTON: Next stop at 169REDINGTON has today shown willingness to move up, by breaking through two resistane levels with good volume. My trade setup:
Entry: 151 – 152. Target: 169 + Stop-loss: Close below red-line.
