DR. REDDY S LABORATORIES
Short
Updated

Selling opertunity in DRREDDY.

This long time trendline broke but could not continue the rally after break, There is this trendline which is holding now and there is a channel formation as well along with this trend line, Now price is moving towards the trend line where it meats with channel middle line,
expecting some rejection here and Price may come down before it moves and break trendline and channel and There is daily supply zone from where price may come down.
-Education purpose only.
Order cancelled
Trend looks reversing towards long side.

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