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DRREDDY | Low risk simple supply and demand play - W Pattern - 20% opportunity
CMP : 4510
SL : 4240
Target : 5450
Almost 1:4 risk reward setup
Attached weekly chart in comment section, it is taking excellent support near the previous swing high.
CMP : 4510
SL : 4240
Target : 5450
Almost 1:4 risk reward setup
Attached weekly chart in comment section, it is taking excellent support near the previous swing high.
Trade closed: stop reached
Comments
So at this level, i see its good area of buy.
I bought 4900 call option 5 lots