Dr Reddy : A classical Textbook Structure
The EW structure of Dr Reddy is very classical & a textbook type. It seems we have a Flat Correction in Wave (iv). Wave a=b and Wave c has extended exact 1.618.
Besides the retracement of wave 4 is 0.382. So we have a Fibo Cluster around 3600 levels. '
So the probability of Wave (v) materialising seems bright in which case we see 4200 levels.
Besides the retracement of wave 4 is 0.382. So we have a Fibo Cluster around 3600 levels. '
So the probability of Wave (v) materialising seems bright in which case we see 4200 levels.
Note
Dr Reddy Booked Half and now trailing
Dev Advisory
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Dev Advisory
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.