ReviveTraders

Drreddy | Bullish Parallel Channel & Falling Wedge 🎯

Long
ReviveTraders Updated   
NSE:DRREDDY   DR REDDYS LABS
-----------------------🙏🙏NAMASKAR 🙏🙏-----------------------------
=====================================================
Day Trading opportunity ! min Chart Alert !!!

--Buy above =5126 or CMP
--Target = 5594
--Stop-loss = 4926
--Lot Size = 125
--R:R = 2.35
--Expected Profit = 58,000 ₹ per lot ( 9.14% )
--Expected Holding = 10-20 day only
#ThankU For Checking Out Our Content , We Hope U Liked IT 📌

======================================================
Technical Reasons to trade or Strategy applied :-

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 !
🙏FOLLOW for more !
👍LIKE if think is useful !
✍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 !!!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.