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