DRREDDY: Looks Good in Weekly, Witnessing Strong Reversal.

DRREDDY: Looks Good in Weekly, Witnessing Strong Reversal.

Possibility of Point "C" Completed as to form Bearish SHARK.
as C = FIB R 1.625 of XA, IDEAL is FIB R 1.618

Go LONG @ 2160 (LTP at 12.58 pm)
TARGET (Intraday): @ 2184, @ 2191, @ 2214, @ 2221, @ 2231 - @ 2240(HZ), @ 2261+
TARGET (Positional): @ 2279, @ 2347, @ 2385, @ 2409, @ 2447 - @ 2475 (HZ), @ 2548+

More Short to Medium Term plotted on Chart.

More Accumulate: @ 2142 - @ 2130

More Updates Later (including DAILY CHART)

Strategy for OPTION:
LONG 2150CE @ 80.05 + SHORT 2300CE: @ 28.30
RISK: @ 10440/+, Reward: 19560/=
RISK REWARD RATIO: Below 0.6

For more: On Query.

Disclaimer: Only For STUDY. For Taking Trade Decision Consult Financial Advisor.

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With Warm Regards.
DSKF16.

Trade active:

LTP: @ 2130 (at 1.57 pm)