RedTape - Breakout- Stock coming out of accumulation
- Keep monitoring the stock
- Trading with great volume
Ascending triangle breakout pattern.
Levels are mentioned in the chart.
Not a buy/sell recommendation. Only for learning purpose.
11.40 INR
1.76 B INR
18.43 B INR
38.49 M
About REDTAPE LTD
Sector
Industry
CEO
Shuja Mirza
Website
Headquarters
Noida
Founded
1996
ISIN
INE0LXT01019
FIGI
BBG01FYHKRH0
REDTAPE Ltd. engages in the manufacture and marketing of footwear and sports apparel and accessories. Its products are available through online shopping platforms, website, and physical stores. The company was founded by Rashi Ahmed Mirza in 1996 and is headquartered in Noida, India.
Short Term Trading Idea in Redtape Ltd. for 25% UpsideHi,
NSE:REDTAPE has given a Bullish Flag Breakout on Daily charts with very good volume.
MACD is also on the bullish side on Weekly time frame. RSI is also on the bullish side on daily and weekly time frames.
In the current market scenario, I am expecting that the bullish momentum will contin
Redtape towards the skyRedtape excelling on both techno-funda parameters, expecting a price of 950-1000. The best performing and the fastest growing footwear brand in India.
REDTAPEAs a positional trade
if market saath diya toh easily 850/-
Kind off Rocket base in weekly timeframe supported by awesome fundamentals
Redtape all set for another breakout ?After a successful runup, it seems like red tape has been prepping for another high. Check my past idea on red tape to know what I am talking about.
A clear breakout visible in RedtapeA clear breakout is visible in Redtape after a double bottom consolidation, towards new highs for sure.
Breaking All time High & W pattern- Looking Strong🎄 Swing Trade
📈 REDTAPE @570
✅Breaking All Time High
✅ W pattern breakout
✅Rise in volume & Rsi
✅Keep in radar it can give good return
REDTAPE LTD READY TO CHANGE TREND???????REDTAPE LTD READY TO CHANGE TREND??????? will it continue to moving UP
REDTAPE - Bullish Momentum with VolumesNSE: REDTAPE is closing with a bullish momentum candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is i
Redtape- VCP SG Lottery new (No Change Required) SG ema 320 weekRedtape- VCP SG Lottery new (No Change Required) SG ema 320 weekly Testing, Pitta Volumes, VCP
1) W pattern in formatin
2) Buy 50 now
3) Rest in case it touches new low
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of REDTAPE is 801.80 INR — it has decreased by −0.14% in the past 24 hours. Watch REDTAPE LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange REDTAPE LTD stocks are traded under the ticker REDTAPE.
REDTAPE stock has fallen by −4.23% compared to the previous week, the month change is a −13.80% fall, over the last year REDTAPE LTD has showed a 65.32% increase.
REDTAPE reached its all-time high on Oct 31, 2024 with the price of 980.00 INR, and its all-time low was 411.05 INR and was reached on Sep 7, 2023. View more price dynamics on REDTAPE chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
REDTAPE stock is 1.87% volatile and has beta coefficient of 0.15. Track REDTAPE LTD stock price on the chart and check out the list of the most volatile stocks — is REDTAPE LTD there?
Yes, you can track REDTAPE LTD financials in yearly and quarterly reports right on TradingView.
REDTAPE net income for the last quarter is 250.70 M INR, while the quarter before that showed 306.40 M INR of net income which accounts for −18.18% change. Track more REDTAPE LTD financial stats to get the full picture.
No, REDTAPE doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
As of Nov 22, 2024, the company has 867.00 employees. See our rating of the largest employees — is REDTAPE LTD on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. REDTAPE LTD EBITDA is 3.12 B INR, and current EBITDA margin is 17.42%. See more stats in REDTAPE LTD financial statements.
Like other stocks, REDTAPE shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade REDTAPE LTD stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So REDTAPE LTD technincal analysis shows the sell today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating REDTAPE LTD stock shows the neutral signal. See more of REDTAPE LTD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.