Redington - Forming a High Tight Flag Pattern

Redington stock is forming a High Tight Flag pattern. Going long in this pattern can offer excellent Risk Reward.

A word of caution: Redington has announced 1:1 bonus issue (Record Date : 20/08/2021, Ex-Date : 18/08/2021). So if you are buying the stock, you need to factor in the effects of this Corporate Action.
Chart PatternshightightflagREDINGTONTrend Analysis

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