TraderByPassion

Dr. Reddy Sell at CMP

Short
TraderByPassion Updated   
NSE:DRREDDY   DR REDDYS LABS
Dr. Reddy moved well after taking the support at the lower channel line, and made doji at the top of the move, expecting correction of atleaset 100-150 points in coming days or before end of April series. 4810 can be the Stop loss on Closing basis, will down side it can slide up to 4650-4600.
Trade closed: stop reached:
Stop Loss hit, I still have open position for short side, will strongly believe the fall will come soon, now final SL for my open position is 4950 on closing basis only.
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