DRREDDY Long Channel, Divergence 3LR!

Updated
The stock price movement looks interesting for a potential long trade. Channel is catching the price movement beautifully and now showing divergence also. The last bar made a 3L-R. One can buy the stock for a target of 3100 stop loss 2920.
Trade closed: target reached
Descending ChannelDRREDDYNIFTY

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