bijoy2526

DR READY is the rally over or still left?

NSE:DRREDDY   DR REDDYS LABS
I had fully utilized my trade set up on two days; on 17th and 18th September
I had this pre drawn shifted pitch fork in my chart
Of course trading view has this nice facility to shifty the pitch fork and drawing parallel lines beyond pitch fork
Hence I love trading view
last time rally of dr ready was ended on the line no 1(red 1 no on the chart)
hence my target on 17 th was this line.
on 18 th during pre market I came to know that it is opening gap up at 10 percent.
I was little disappointed but decided to catch up it at line no 2 when in premarket it was settled at 2 to 3 percent higher,
during market hour it opened just above line no 2 and eventually fell on to it.
immediately I bought at line no 2.
rest what happened obvious on the chart it touched line no 4 towards the end I had already squared off all my position till then
and let us see on Monday there is another rally to touch line no 5.
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