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.
REDTAPE trade ideas
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 continue.
Complete price projection like entry, stop loss and targets mentioned on the charts for educational purpose.
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Disclaimer: Please consult your financial advisor before making any investment decision.
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 indicating demand.
One can look for a 8% to 14% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
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
REDTAPE Double Topit has formed double top on daily chart.
can expect price target of 420 levels.
big red candle with good volume.
