DRREDDY GOOD LONG CANDIDATE
Updated
Drreddy spot cmp 4630
Falling Trendline demand zone around 4585 to 4610 levels
Inside candle breakout and reversal seen in counter..
RSI giving breakout from contraction zone,,
Good long candidate in the give range
view gets violated below 4560 on closing basis..
Can move much higher levels..
Falling Trendline demand zone around 4585 to 4610 levels
Inside candle breakout and reversal seen in counter..
RSI giving breakout from contraction zone,,
Good long candidate in the give range
view gets violated below 4560 on closing basis..
Can move much higher levels..
Trade active
counter gave good entry around 4580 levels,, went down to levels of 4560 but reversed with rocket speed ,,now at 4730 levels already 130 points from our long levels..
book profit of keep trailing as per comfort,,
dont try to gamble,, just try to learn simple thing to improve your trading...
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