Redington Bounced from a Long Term Base With MACD +ve

ieri

REDINGTON today confirmed a Strong Base Formation after closing above major Levels RSI Showing Bullish Momentum and MACD turned Positive Today With Good Volumes.

Trade Setup:
It can be a Good 1:1 RISK-REWARD Trade. With the recent base being crucial levels.

Target(Take Profit):
234.25 Levels for Positional Trader.

Stop-Loss:
Around 198.58 For Swing Trade and Recent Base for Positional Trader.

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Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.

6 ore fa

Nota

Couldn't Cross Yesterday High.
Wait as of now until Base is Protected.