MIRACLE2128

DRREDDY with Descending Triangle

MIRACLE2128 Updated   
NSE:DRREDDY   DR REDDYS LABS
DRREDDY after sharp fall due to weak Q1 results, now consolidating with descending triangle pattern. Took support near 4450-4490. now lets see whether it breaks support or bounces up to break descending resistance line..
Trade active:
Trade triggered towards long... near 4735..
now
stoploss below 4599
targets are 4989, 5144, 5330

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.