niftytrader2693

triangle formation in dr reddy

Long
NSE:DRREDDY   DR REDDYS LABS
DR REDDY
Time frame- DAILY

*Resistance - 4410 once closing above 4410 than upside till 4900 is possible.
*Support - 200 DMA, 100 DMA
*Short term
*Reason- long consolidation, and triangle formation breakout, strong support on 200DMA & 100 DMA

Disclaimer:- I am not SEBI registered analyst. Only for information and education purpose. Please consult your adviser before investing.
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