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MIRACLE2128
Dec 26, 2021 4:41 PM

DRREDDY with Descending Triangle 

DR REDDYS LABSNSE

Description

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
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