Dr Reddy- Hanging Man - Top Reversal Candlestick Pattern @ 5200

Hanging Man - Top Reversal Candlestick Pattern

Confirmation is must ( Wait for close below 5200) in next week ( No Selling- If stock fails to close below 5200)
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Trading Strategy - Sell only below 5200
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Targets Downside
4700
4350

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Last Idea Published - DRREDDY - Head & Shoulder - Top Reversal Pattern but In this case appeared post a downtrend which has lesser success rate as compared to H&S pattern found at the uptrend

Trade active:

11:56 Hrs / 10th Jan2021

Last Price- 5338

Failed to get weekly close below 5200 & stock has pushed higher above 5200

Our key support at present - 5225

Break of 5225 & 5200 later - Traders have to be careful

Trade closed manually:

Time for new update