REDINGTON INDIA

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REDINGTON LTD (NSE:REDINGTON)

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NSE:REDINGTON REDINGTON LTD

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A Tale of 2 Parallel Channels
Awaiting the breakout at the intersection.
Divergence Spotted.

Komen:

So it seems the Ascending channel is providing a resistance. Well, the overall sentiment of the markets the past week was also in the negative so we can't really say this resistance was stiff since it still managed to hold on to its previous week price in spite of slipping during the week.

Having said that, any entry here should be only when it crosses 150 on closing basis. Till then it is just a watch and observe stock.

Dagangan aktif

*DISCLAIMER*
For educational purposes only. Not a recommendation.
Treat StopLoss as your best friend to get you out of troubles.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.