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Positional Technical Call: Buy REDINGTON at 139.4 with stop-loss 134 - IndiaNotes.com
Positional Technical Call: Buy REDINGTON at 139.4 with stop-loss 134
Nirmal Bang | Published: 13 Jul, 2017  | Source : IndiaNotes.com

13 July 2017


REDINGTON


CMP : 139.4


Action : Buy


Targets : 152/158


Stop-loss : 134


Duration : Positional


Comment


The short term moving averages have converged and are placed with buy signals. On the oscillator front, MACD is placed with a positive signal on the midway.


 

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About Nirmal Bang

Founded in 1986 by Nirmal Bang, the Nirmal Bang is recognized as one of the largest retail broking houses in India, providing an array of financial products and services. Their retail and institutional clients have access to products such as equities, derivatives, commodities, currency derivatives, mutual funds, IPOs, insurance, depository services and PMS. The Group is headed by Mr. Dilip Bang and Mr. Kishore Bang.


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Disclaimer: The author has taken due care and caution to compile and analyse the data. The opinions expressed above are only the views of the author, and not a recommendation to buy or sell. Neither the author nor IndiaNotes.com accept any liability whatsoever arising from the use of any of the above contents.