DR. REDDY S LABORATORIES
Long
Updated

Dr Reddy's |EMA| Channel Breakout |

The price closed above EMA 200 and given a parallel channel breakout in daily time frame.

Thanks
-AJ

Note
snapshot
Note
snapshot
Note
price consolidating within inside candle high & low.

snapshot
Trade closed: target reached
price reached the resistance level.

Re-Entry level will be above Rs 5000.
Trade active
Trade re-active:

Positive set up, price breakout and retested the level.
Stop Loss below ema 200 ; T1 & T2

snapshot
Note
target 1 achieved !!
Trade closed: target reached
snapshot

Disclaimer