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I-Fund-Trader
May 14, 2018 1:08 PM

Long  Long

DR REDDYS LABSNSE

Description

Going long above the today High is advisable , they are moving in down ward channel , they ware suppose to brake the channel and drop heavy , but it did not happen in fact they are extending the channel , its likely will stay in Channel for another week , Look for very light investment on short term trade

Trade active

looks like Going down for 1 More drop , and this drop will be intense i believe look for sell set up for short selling
Comments
divesh6jagudev66
PLEASE SUGGEST ME, I AM BUY AT 2150, 22 MAY AT RESULT SO SUGGEST ME BUY SL,
I-Fund-Trader
@divesh66, try to exit at your buy level or near , for shorter time its not going up , it will likely stay in range , and what is your stop ? , if you do not have stop then its not called as trading systematically , and why you bought at 2150 ? Decision on exiting the trade have to be decided by you when certain amount of loss or pre-defined loss reach , when you are wrong on your trade
divesh6jagudev66
@MoneyRain, ok thanks
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