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Redington Limited

REDINGTON.NS Technical Analysis Summary (NSE)

Analyze REDINGTON.NS on the NSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

REDINGTON.NSNSE
TechnologyTechnology Distributors
350.55
2.45(0.70%)
Indian Market opens in 19h 56m

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The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

REDINGTON.NS Technical Analysis Summary (NSE)

Redington Limited (NSE: REDINGTON.NS) stock currently shows a bullish trend on the NSE, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 66.42)
Trend Strength:Very Strong (ADX: 44.85)
Volatility:Medium (ATR: 14.90)
Support/Resistance:$283.60 – $381.12 (Bollinger Bands)

Technical conditions suggest Redington Limited on the NSE is awaiting a decisive move. This mix signals that Redington Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 66.42

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 59.67

Neutral
Mid-range signal with no clear trend.

Williams %R: -33.37

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 0.78

Neutral
Price change is minimal.

Takeaway:Redington Limited shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: 15.49

Bullish
Bullish, trend momentum is strengthening.

ADX: 44.85

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 14.90

Rising
Rising volatility, market activity increasing.

CCI (14): 46.91

Bullish
Bullish, momentum building upward.

Takeaway:Redington Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$381.12
Middle Band (SMA 20)
$332.36
Lower Band
$283.60
Current Position
Within Bands

Takeaway:Redington Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$359.04
Middle Line (EMA 20)
$329.24
Lower Channel
$299.44
Squeeze Status
No Squeeze

Takeaway:Redington Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume330.94M
Money Flow Index82.63Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index64.79Bullish, price momentum strongly favors buyers.

Overall Takeaway:REDINGTON.NS shows overheated money flow, with risk of pullback from overbought conditions.

Technical Trading Signals Summary
Based on the current technical analysis of Redington Limited (NSE: REDINGTON.NS), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

Bearish Signals

MACD below signal line → short-term caution on momentum.

MFI above 80 → overbought conditions may limit upside.

Overall Recommendation:Redington Limited currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.

(NSE: REDINGTON.NS) Technical Analysis FAQ