tradepurge

DR REDDY Long Breakout

Long
tradepurge Updated   
NSE:DRREDDY   DR REDDYS LABS
DRREDDY has formed a doji on daily timeframe candle with a small range.
This combined with the ascending triangular movement over the last week suggests it is ready to breakout.

NOTE: Trade with confirmation of momentum & volume on lower timeframes in intraday.
Comment:
Downside breakout.
Trade closed manually:
Entry not triggered.
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