REDINGTON.NS (NSE)

REDINGTON.NS NSE

Redington

SELL

239.01

Prev.Close

247.06

Change

-8.0500

Change%

-3.26%

BEARISH THREE GAP UPS

Sold at

239.45

Open

248.00

High

248.00

Low

237.63

239.01

Gain%

-0.18%

Signal History

Date	Price	Signal	Change%		INR100⇨
05-06	239.45	SELL	-0.2%		86
26-05	224.51	BUY	+6.7%	✔	81
12-05	217.22	SELL	+3.4%	❌	82
04-05	218.40	BUY	-0.5%	❌	83
29-04	214.29	SHORT	+1.9%	❌	86
27-04	219.02	BUY	-2.2%	❌	89
21-04	227.26	SELL	-3.6%	✔	89
08-04	218.21	BUY	+4.1%	✔	86
04-03	254.29	SELL	-14.2%	✔	87
26-02	244.55	BUY	+4.0%	✔	84
19-02	256.75	SHORT	-4.7%	✔	82
17-02	260.39	BUY	-1.4%	❌	84
12-02	265.50	SHORT	-1.9%	✔	83
30-01	266.71	BUY	-0.5%	❌	85
20-01	263.88	SHORT	+1.1%	❌	87
01-01	274.12	BUY	-3.7%	❌	92
29-12	269.04	SHORT	+1.9%	❌	95
22-12	274.85	BUY	-2.1%	❌	98
16-12	278.47	SHORT	-1.3%	✔	98
11-12	277.10	BUY	+0.5%	✔	99

† Trade commissions are taken as 0.70%.

Pattern & Confirmation Chart for the Last 6 Months

Signal Update

Today's recommendation from our system is to SELL. The BEARISH THREE GAP UPS pattern has finally received confirmation because the prices crossed below the confirmation level at 241.05, and our valid average selling price now stands at 239.45. The previous BUY signal was issued on 26-05-2026, 10 days ago, when the stock price was 224.51. Since then, REDINGTON.NS has risen by +6.65%.

Market Outlook

We may be at a market top or at the beginning of a correction. The market has lost momentum, and traders are now more aligned in their bearish outlook. The compelling evidence suggests it's prudent to consider closing long positions. Today’s candlestick has a black body and its close is below the confirmation level. The bearish pattern that was previously identified is finally confirmed and a <SELL signal is generated. You still have time to act on the signal, and then you can begin evaluating other securities for a potential bullish bet.

Pattern Description

This is a four-day bearish reversal pattern. It consists of three consecutive days, each opening with a gap up. After Three Gap Ups, the market becomes significantly overbought, signaling a potential reversal of the current uptrend. more...

Date	Price	Signal	Change%		INR100⇨
05-06	239.45	SELL	-0.2%		164
26-05	224.51	BUY	+6.7%	✔	155
12-05	217.22	SELL	+3.4%	❌	156
04-05	218.40	BUY	-0.5%	❌	158
29-04	214.29	SHORT	+1.9%	❌	164
27-04	219.02	BUY	-2.2%	❌	170
21-04	227.26	SELL	-3.6%	✔	171
08-04	218.21	BUY	+4.1%	✔	165
04-03	254.29	SELL	-14.2%	✔	166
26-02	244.55	BUY	+4.0%	✔	161
19-02	256.75	SHORT	-4.7%	✔	156
17-02	260.39	BUY	-1.4%	❌	160
12-02	265.50	SHORT	-1.9%	✔	160
30-01	266.71	BUY	-0.5%	❌	163
20-01	263.88	SHORT	+1.1%	❌	167
01-01	274.12	BUY	-3.7%	❌	176
29-12	269.04	SHORT	+1.9%	❌	182
22-12	274.85	BUY	-2.1%	❌	188
16-12	278.47	SHORT	-1.3%	✔	188
11-12	277.10	BUY	+0.5%	✔	190
25-11	288.05	SELL	-3.8%	✔	191
20-11	295.05	BUY	-2.4%	❌	197
14-11	294.70	SELL	+0.1%	❌	199
06-11	266.79	BUY	+10.5%	✔ 👍	181
14-10	277.47	SELL	-3.8%	✔	183
10-10	283.76	BUY	-2.2%	❌	188
23-09	288.31	SELL	-1.6%	✔	189
08-09	242.81	BUY	+18.7%	✔ 👍	161
26-08	240.61	SHORT	+0.9%	❌	164
19-08	242.67	BUY	-0.8%	❌	168
24-07	303.50	SELL	-20.0%	✔	169
18-07	310.75	BUY	-2.3%	❌	174
16-07	307.00	SHORT	+1.2%	❌	179
14-07	302.51	BUY	+1.5%	✔	179
08-07	307.97	SELL	-1.8%	✔	180
25-06	302.86	BUY	+1.7%	✔	179
20-06	293.29	SELL	+3.3%	❌	180
16-06	296.94	BUY	-1.2%	❌	183
11-06	288.16	SELL	+3.0%	❌	185
02-06	269.32	BUY	+7.0%	✔	174