Monday, June 13, 2011

Redington (India) Ltd. (REDINGTON)-A MultiBagger,Buy/Sell/Hold,Growth Pospects and Recomendation,News and Results,Target Price and Analysis,Views and Outlook


 REDINGTON closes  at 82.80  with a  gain of + 0.60 % on 13 June 2011 with formation of  Bullish Harami  Candle   on Daily  Price Chart. Technically, REDINGTON  is looking extremely Bullish on  Charts. Major Momentum Indicators are Looking Bullish. Buyer –Seller Force & Ultimate Trend Cycle is moving Upward, marking a Bullish sentiments.
We Recommend to BUY   –  REDINGTON  At  CMP
Target- 97.10/106.30
Stop-Loss –78.45
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The recommendations made herein do not constitute an offer to sell or a solicitation to buy any of the securities mentioned. No representations can be made that the recommendations contained herein will be profitable or that they will not result in losses. Readers using the information contained herein are solely responsible for their actions. Information is obtained from sources deemed to be reliable but is not guaranteed as to accuracy and completeness. The above recommendations are based on the theory of Technical Analysis and do not reflect the fundamental validity of the Scrip. www.niftynext..com does 't take any Responsibility for any losses arising from using the Stocks Recommendations.
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