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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
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