gagankhetwani

Dr Reddy Looking Weak

Short
NSE:DRREDDY   DR REDDYS LABS
Dr . Reddy has started its downtrend and its looking weak til 4000 levels. There is multiple resistance and supply zone at the top so every rise is a selling opportunity. Do watch for price action before taking the trade.

Please Note - All the green lines mean the support zone / demand zone
and all the red lines mean the resistance zone / supply zone .

Comments

No bro it's not weak.... It's only week it's result.. As per my understanding it's Trap by operators. Let's see stock may shoot up by 30th
Reply
@yogvisal, Maybe you are correct. As per my written description. I told that it is looking weak till 4000 levels and yesterday it touched 4006. Also, I plan my trade at the supply zone of 4120-4130 which worked beautifully and today also it is acting as resistance.
Reply
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