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kiranmali

Dr Reddy - Flan and Pole Brekout (Bullish Breakout)

Long
DR REDDYS LABS (NSE:DRREDDY)  
kiranmali  
NSE:DRREDDY   DR REDDYS LABS
Chart Patterns
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# Dr. Reddy has given a Consolidation Breakout

# As per Technical Analysis this is Called as a Flag and Pole Breakout. This is a perfect Text Book Breakout in Price and as well as on RSI with More than Avg Volume.

# Long Positions can be created for Target of Flag.

# Buy Dr Reddy {Cash Levels} 5380-5450 for Target = 5680-5740 with SL = 5200
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