UnknownUnicorn22711483

dr reddy expecting 1000+ fall

Short
NSE:DRREDDY   DR REDDYS LABS
As we can see the stock is moving according to harmonic pattern and falling from point c as expected. Now i am expecting 1113 rupees fall in this stock so the best price ever possible to buy for investment is at 3754 , so keep an eye on this price and have patience. Candle close above point c will make the pattern invalid
Note: stock may bounce from 4467 also so watch price action at this level also.
good luck
Please like & share ideas if you find them useful as it takes much efforts to learn technical analysis and our 99% Harmonic pattern go well if you go through all previous ideas posted on trading view
Trade active
Comment:
wait for target to go long
Comment:
price has stalled in reversal area
Comment:
pattern is taking support on yellow line
Comment:
great recovery form exact reversal area
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.