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.
Good Luck
Note-: Always consult your financial advisor before taking a trade or doing an investment.
Good Luck
Yorum:
GAINING GOOD