STtraderr

DRREDDY at supply Zone

Long
STtraderr Updated   
NSE:DRREDDY   DR REDDYS LABS
Drreddy is following a strong uptrend
and currently at supply zone of 2878-2888
so we can initiate a Buy at 2880
with SL 2865 for target of 2920
but if it breaks this support and trades below
then Short below 2878 for target of 2802
Trade closed: target reached:
Target of 2920 Hit

** One thing I must clear for all newbies
I personally wait for candle to close abn/blw SL
to get out
Hitting SL once or twice is just noise
Candle must close, to exit
Comment:
High today 2936
I am already out

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