goklaniavinash

Dr Reddy - A Valid Breakout or a Bulls trap??

Long
NSE:DRREDDY   DR REDDYS LABS
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The stock has given a positive breakout of the major resistance level of 3308, and has closed with the positive momentum above 20,50,100 and 200 Day moving averages. Stock has also given positive tenken keijen crossover along with the Chickoo cross.

Expect stock to Rally in the coming weeks.

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