DR Reddy: Double bottom at support level
Updated
Dr. Reddy has created a double bottom pattern. The risk to reward ratio is highly favorable here.
Volumes are increasing slowly with the price which is a positive sign.
All levels are mentioned on the chart. For educational purposes only.
Volumes are increasing slowly with the price which is a positive sign.
All levels are mentioned on the chart. For educational purposes only.
Trade active
After giving a double bottom breakout the stock has retraced back to 4500 levels today with lower selling volume. I have added few quantities today For target of 5400 Levels.Trade closed: stop reached
STOP loss hit on this. Please close your positions on this stock.
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