Deepak_dc93

DRREDDY can give 23% returns 1:6 Risk to Reward ratio

Long
NSE:DRREDDY   DR REDDYS LABS
I will go LONG on DRREDDY because:
The price is under Support/Resistance zone.
It has touched the support and may reach the resistance zone .
Target would be the Resistance area .
Book profit when it reaches the resistance zone .

Entry - 4426
Target - 5450
Stop loss - 4263

Comments

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