DRREDDY price analysis

Price action analysis on DRREDDY.

DRREDDY seems to be forming a w- pattern in daily time frame.

Multiple targets can be taken, earnings release on 28th June , can trigger a blast in the price to the completion of the overall W - pattern.

Target and stop loss indicated in chart, very thin SL, of around 1.5 % from entry point.
DRREDDYTrend Analysis

Disclaimer