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Stock analysis Redington (India) Limited REDINGTON

More indepth analysis on MunafaSutra.com

Moving Averages for Redington (India) Limited

  • 5Day Average: 214.65
  • 12Day Average: 208.3
  • 20Day Average: 204.76
  • 50Day Average: 203.18
  • 100Day Average: 194.67
  • 150Day Average: 198.44
  • 200Day Average: 202.07

REDINGTON Indicators & signals

Indicator MACD (12,26,9)

210.11, 206.54, 1.79
Indicator MACD is in positive zone

Indicator ADX (14)

47.63, 25.16, 8.92
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 56
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of REDINGTON Redington (India) Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
21 Tue Jan 2025 218.94 217.21 to 229.00 -1.39% 1.14 times
20 Mon Jan 2025 222.03 209.63 to 224.99 6.15% 3.77 times
17 Fri Jan 2025 209.17 207.50 to 217.45 -3.33% 0.61 times
16 Thu Jan 2025 216.38 206.62 to 218.00 4.67% 1.17 times
15 Wed Jan 2025 206.73 202.00 to 208.80 2.45% 0.67 times
14 Tue Jan 2025 201.78 198.58 to 211.19 -1.46% 0.7 times
13 Mon Jan 2025 204.77 200.06 to 208.68 0% 0.92 times
13 Mon Jan 2025 204.77 200.06 to 208.68 0.33% 0.92 times
10 Fri Jan 2025 204.10 200.71 to 207.00 0.42% 0.54 times
09 Thu Jan 2025 203.25 202.00 to 205.72 0.47% 0.2 times
08 Wed Jan 2025 202.29 200.65 to 210.60 -1.51% 0.5 times
07 Tue Jan 2025 205.39 195.50 to 207.00 5.18% 0.51 times

Technical analysis forecast of Redington (India) Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Redington (India) Limited REDINGTON at this time. Stock is rising and might rise more.

It appears as if Redington (India) Limited REDINGTON gave a large move recently.

Stock of Redington (India) Limited (REDINGTON) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Redington (India) Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Redington (India) Limited stays above 215.2, but if it comes below 215.2, then a intra day sell could be more profitable.
If you take a sell trade below 215.2, then use 215.2 as stoploss and 207.73 as target. However if you take a buy trade in Redington (India) Limited, then use 215.2 as stoploss and 224.2 as target.

More indepth analysis on MunafaSutra.com