Redington (NSE: REDINGTON) is coiling in a 48 weeklong ascending broadening wedge pattern. With a low of 159 it is trying to show reversal from lower trend line of pattern.

Some important things to read about Redington

1. Redington posts record Q4 revenue on strong demand for laptops, phones
2. Redington India Ltd recommends dividend of Rs. 7.20
3. Not dependent only on Apple for growth, says Redington CEO
4. Redington posts 10 per cent decline in Q4 consolidated net profit