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Redington Analysis : Chart Breakout Signals Opportunity for a 20% Gain in the Next 6months

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According to chart patterns, Redington’s stock is now exhibiting a breakout as of the time this article was written. It has built a strong support foundation in the 160–170 levels during the last 100 days. Right now, it seems ready for the next stage of a possible recovery. In light of these variables, one may think about purchasing the stock in the hopes of realising a 20 percent gain over the ensuing six months is very high.

About :

REDINGTON is a thriving US$9.92 billion technology solution provider with a network of 290 international brands in the IT and mobility spaces across 38+ markets. We are spearheading swift technology adoption across emerging global markets by leveraging our robust ecosystem, expanding partnerships and ingenious operational innovations.

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Srikanth

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