indiamarketoutlook
Long

Dr Reddy: On the verge of breakout..

NSE:DRREDDY   DR REDDYS LABS
Dr Reddy

Cmp 2418.50

On a 15 min chart we observe

The stock to be at important short term level

Breakout above the blue line can take the stock higher towards 2520 levels again.

Keep a close eye on the stock

2360 is the stop loss in current set up...

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Selling should be considered only if the stock stays below 2354. Target in that case will be 2260

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Take care & safe trading....!!!
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