REDINGTON TARGET 330 STOP LOSS 187

٢٠ فبراير

Redington crossed the long-term monthly and weekly resistance of 201 bullish in the long term uptrend channel. It is increased gradualliy in day and weekly chart. Script also in long term uptrend. Fundamentally good and results are good. MF, FII DII holding company. Day trend is seems to be highly possible to brekaout from the channel resistance of 230 by this month end. If the monthly closing is above 230, and if sustained in weekly closing above 230 it will reach the target of 330.