Strong Confluence Setup : REDINGTON at Crucial Demand Zone
REDINGTON is showing signs of a promising technical setup — something that can catch the attention of demand and supply zone traders. Let’s break down the analysis in simple words so that even a beginner can understand why this stock might be at an interesting level.
🔥 The Demand Zone Setup 🔥
Th
Next report date
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Report period
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EPS estimate
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Revenue estimate
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20.50 INR
16.05 B INR
993.34 B INR
584.33 M
About REDINGTON LTD
Sector
Industry
Website
Headquarters
Chennai
Founded
1961
ISIN
INE891D01026
FIGI
BBG000QRLXC2
Redington Ltd. provision of machinery, equipment and supplies. It includes computers, computer peripheral equipment, software, electronic, and telecommunications equipment and parts. It operates through the India, and Overseas segments. The company was founded by Ramanathan Srinivasan on May 2, 1961 and is headquartered in Chennai, India.
Triangle Breakout is expected in REDINGTON.Elliott wave analysis:-
Running Flat took place with B wave as triangle. now an upside move is expected.
i am not a SEBI registered advisor. Before taking a trade do your own analysis or consult a financial advisor. I share chart for education purpose only. I share my trade setup.
Long CEO: Ramesh Natarajan (11 Jun 2022–)
CFO: S. V. Krishnan
Founded: 1993
Founders: R. Srinivasan, R. Jayachandran
Headquarters: Tamil Nadu
The stock is coming out of the accumulation zone in 5-15 min timeframe.
Consider long position above 230 with a target price of 256 and strict STOP-LOSS of 221.
Redington cmp 223.50 by Weekly Chart viewRedington cmp 223.50 by Weekly Chart view
- Support Zone 208 to 216 Price Band
- Resistance Zone 226 to 235 Price Band
- Bullish Head and Shoulders made with neckline at Resistance Zone
- Kindly ignore the comment "since June 2022" as it got included from another chart
REDINGTON - DTF (Swing trade)Swing trade idea.
REDINGTON is in buying zone. Mitigation in OB has happened, now probability of going up.
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For learning and educational purposes only, not trading advice. Please consult your fin
Key Patterns, Observations, and Future ScenariosThe stock is trading within a well-defined ascending channel, which is indicative of an overall bullish trend. Over the past few years, the price has consistently respected both the upper and lower boundaries of this channel. This is a strong indication of systematic movement and healthy trends in t
#REDINGTONRedington is showing signs of break out. The technical and fundamentals are both looking good. If interested, wait for some pull back and then move enter to gain a tight SL.
Disclaimer - These are not buy or sell recommendations. I am simply analysing and publishing my ideas. Please do your Due Dil
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Summarizing what the indicators are suggesting.
Neutral
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Neutral
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Strong sellSellNeutralBuyStrong buy
Neutral
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
An aggregate view of professional's ratings.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of REDINGTON is 295.35 INR — it has decreased by −1.30% in the past 24 hours. Watch REDINGTON LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange REDINGTON LTD stocks are traded under the ticker REDINGTON.
REDINGTON stock has risen by 6.28% compared to the previous week, the month change is a 8.11% rise, over the last year REDINGTON LTD has showed a 31.85% increase.
We've gathered analysts' opinions on REDINGTON LTD future price: according to them, REDINGTON price has a max estimate of 320.00 INR and a min estimate of 158.00 INR. Watch REDINGTON chart and read a more detailed REDINGTON LTD stock forecast: see what analysts think of REDINGTON LTD and suggest that you do with its stocks.
REDINGTON reached its all-time high on May 20, 2025 with the price of 307.00 INR, and its all-time low was 7.95 INR and was reached on Feb 26, 2009. View more price dynamics on REDINGTON chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
REDINGTON stock is 3.01% volatile and has beta coefficient of 1.19. Track REDINGTON LTD stock price on the chart and check out the list of the most volatile stocks — is REDINGTON LTD there?
Today REDINGTON LTD has the market capitalization of 230.74 B, it has decreased by −2.58% over the last week.
Yes, you can track REDINGTON LTD financials in yearly and quarterly reports right on TradingView.
REDINGTON LTD is going to release the next earnings report on Jul 30, 2025. Keep track of upcoming events with our Earnings Calendar.
REDINGTON net income for the last quarter is 6.66 B INR, while the quarter before that showed 4.00 B INR of net income which accounts for 66.28% change. Track more REDINGTON LTD financial stats to get the full picture.
Yes, REDINGTON dividends are paid annually. The last dividend per share was 6.20 INR. As of today, Dividend Yield (TTM)% is 2.10%. Tracking REDINGTON LTD dividends might help you take more informed decisions.
REDINGTON LTD dividend yield was 2.80% in 2024, and payout ratio reached 33.12%. The year before the numbers were 2.98% and 39.77% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. REDINGTON LTD EBITDA is 20.53 B INR, and current EBITDA margin is 2.07%. See more stats in REDINGTON LTD financial statements.
Like other stocks, REDINGTON shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade REDINGTON LTD stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So REDINGTON LTD technincal analysis shows the buy rating today, and its 1 week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating REDINGTON LTD stock shows the strong buy signal. See more of REDINGTON LTD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.