piyushrawtani

DRREDDY good RR short setup - Pharma Panic

Short
NSE:DRREDDY   DR REDDYS LABS
Target : 2710
Sell Below : 2787
Stop loss : 2840
After panic in pharma sector today , more selling can be seen tomorrow .
DRREDDY has broken from a support and has formed an inside doji on hourly. Can sell below 2787 for targets of 2787 in coming days.
Can sell on rise as long as doesnt go over 2850 .
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