nitinshm

DRREDDY, Long for 20% gain

Long
NSE:DRREDDY   DR REDDYS LABS
287 views
2
corrective wave is over, bouncinf off 0.618 fib level

first target is All time high, followed by 6000+ (next targets are marked on chart)

SL: close below recent low
Trade active
Comment: It made a bearish engulfing on 11/25. So now, a close above 5009 only would open upside. Stock may be sideways till this supply is exhausted.

1. Exit at cost and wait for a bullish close above 5009
OR
2. Keep is trade with stoploss of 4650
Comment: 10% profits so far. trade going as planned.

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out