raiyyan-shibly

Support and Resistance

NSE:DRREDDY   DR REDDYS LABS
As we can see there is a very good support zone .May be it can take support from here or it can break the support zone .
It is for only education purpose.Do self technical analysis before investing.

Comments

what will be this week's targets
+2 Reply
It is not good for this week target....
it is near the support line it may start consolidation and then gives good move.Wait for the price to give a good signal eg.Candlestick.
In Swing tradind it can give the target of @5200 to 5444.Use trailling stoploss after 5200
Tip- Quality matters not Quantity.
Trade less but wait for very high and good set-up.Until you have zero doubt on your setup.😊😊😊.It increase your winning rate.
it is only for education purpose.Do self technical analysis before investing.
+1 Reply