TradeTheTip

Drreddy | Bullish Parallel Channel & Falling Wedge 🎯

Long
NSE:DRREDDY   DR REDDYS LABS
-----------------------πŸ™πŸ™NAMASKAR πŸ™πŸ™-----------------------------
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β­•Day Trading opportunity ! min Chart Alert !!!β­•

--Buy above =5126 or CMP
--Target = 5594
--Stop-loss = 4926
--Lot Size = 125
--R:R = 2.35
--Expected Profit = 58,000 β‚Ή per lot ( 9.14% )
--Expected Holding = 10-20 day only
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β­•Technical Reasons to trade or Strategy applied :- β­•

1) stock is moving on Bullish parallel channel
2) falling wedge pattern breakout
3) resistance breakout with volume & candlestick pattern
4) multi time frame analysis is bullish


Guys check out the related ideas as well, it will work really well GUARANTEED !
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✍COMMENT Below your view !
Comment: guys stock took with good volume , now we have a very limited loss running & market is correcting right now so it's better to close this trade


Trade closed manually: closed with tiny loss , stock went in our favor more than 6% but okay !!!

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