The_RedTicker

DRREDDY, Medium risky "Trading setup"....By The_RedTicker

Long
NSE:DRREDDY   DR REDDYS LABS
Makes sense to me...been falling a lot, slowing losing strength.
As such, not a bad stock, makes it worthy of being bought after such a dip.

Its also at an investment level, but I am unable to generate longer duration view so will aim to trade just the chart for now and rethink if it gets into significant profits.

*NOT AN IMMEDIATE BUY, entry level is mentioned on chart. Also, it should be a closing level entry and a closing basis SL.

TF for this setup is DAILY.

#The_RedTicker....
Trade closed: target reached: Dah-Dah-Duhhhhhhh...