Here on weekly chart Redington gives a beautiful all time high Breakout and sustained above strongly on the basis of weekly closing above on that resistance trendline on coming Friday we can consider as a fresh entry in this stock, what I observed by the previous trend after breakout of all time high in this counter that it gives almost 60% runup after when that breakout happened so if I say it right now that it could give a potential 50% runup again from here then this thing is like redundant but as we all know as a trader and investor that this is even possible many of stocks in past do this very well in very less timeframe so keeping all these things in mind I am considering it's target 300 levels from here.. Happy trading and investing with trading view.
Note-: Always consult your financial advisor before taking a trade or doing an investment.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.