DrReddy -Taking Rest Triangular Pill

Feb 4, 2021

Hope you enjoyed 4470 to 4700+ move as per last idea published

DrReddy taking rest with Triangular Pill


Plan A
Buy Close to 4600 in 4615-4630 zone (Avoid Buying if falls below 4600) -Expect Target - 4760 / Above 4760 for 4875-4900

Plan B
Sell from the tops if halts or stops in 4875-4900 zone (Avoid Selling if crosses above 4900) -Expect Target Downside 4625 & below 4600 for 4300-4350

Feb 4, 2021

Trade active

10:45 Hrs / 4th Feb2021

Last price- 4697

Have patience & trade as suggested in Plan-A & Plan -B.
Plan A - Buy as close to 4600 in 4615-4630 zone

Feb 4, 2021

Trade active

13:32 Hrs / 4th Feb2021

Last @ 4666

Came close but missed by 10 points - recent low @ 4640 . Crossing above 4705 -It will indicate that bottom was in place at 4640
Our suggested buying zone 4615-4630

Feb 5, 2021

Trade active

10:26 Hrs / 5th Feb2021

Last @ 4647

Dipped in the Buying Zone 4615-4630 as suggested in Plan A in main idea - Manage your risk now & no buying if falls below 4600 - all suggested in the trading strategy on 4th Feb2021



R:R is going to be amazing as I look for 4850-4900 - --- Final Target Zone with 1st halt at 4760

Feb 5, 2021

Trade active

11:01 Hrs / 5th Feb2021

Running close to the 1st Target - 4761 suggested as Plan- A

Feb 5, 2021

Trade active

12:04 Hrs / 5th Feb2021

Last @ 4775

Target 1 @ 4761 reached

Feb 9, 2021

Trade closed manually

Plan A Done in full at 4900