manavtechresearch

DR REDDY DAY TRADE STEUP

Long
NSE:DRREDDY   DR REDDYS LABS
DR REDDY IS LOOKING TO RECOVER TODAY
IT HAS FORMED A SPINNING BOTTOM
WITH A LONGER WICK ON THE DOWNSIDE
INDICATING BUYING PRESSURE AT LOWER
LEVELS
RSI HAS SHOWN A REVERSAL SPIKE
NOW IF CROSSES 2049 TODAY THEN IT CAN
TEST THE LEVELS OF 2120-2189 IN FUTURES
FUTURES TRADE
BUY @1993-2005
STOP @1975
TARGET 1@2040
TARGET 2@2080
TARGET 3@2120
LOT:400
SUGGESTED:2 LOTS
Trade closed: target reached: 1st target hit

TRADERSMOJO TELEGRAM CHANNEL
*future calls
*option trading (buying)
*index trading (options and futures)
*index update and oi analysis
https://t.me/tradersmojo
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.