DR Reddy's - Two Possible Scenario
Currently Stock in mild down trend to sideways
Area 1310 - 1330 become crucial
Any close above 1330 will take the stock back to 1400 & higher
Any close below 1310 will make it bearish for quite some time
Then it will give an opportunity to sell on pull back
Downside targets of 1270 & 1250 may follow
Will wait for close in both the scenario
Area 1310 - 1330 become crucial
Any close above 1330 will take the stock back to 1400 & higher
Any close below 1310 will make it bearish for quite some time
Then it will give an opportunity to sell on pull back
Downside targets of 1270 & 1250 may follow
Will wait for close in both the scenario
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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.