Dr Reddys - Vaccine Play

Shared this idea in the past and now took a trade at 4490. The vaccine news is just around the corner and with targets to launch the vaccine around 1st March to the people of India emergency approval should be quick too..

There is a positive divergence on the daily chart and once the stock stays above its 200EMA which is around 4470 many good things will happen in this stock

Long at CMP with SL below 4350.


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