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TukkaNomist
Jul 19, 2020 10:02 AM

Zone watch 

DR REDDYS LABSNSE

Description

Dr Reddy is likely to enter resistance zone 4275-4380 where last time distribution had happened. Indicators are pointing fatigue in the upmoment. Consolidation has happened and breakout will sound like an up momentum. Volume is average in upmove. I will observed what happened in the zone . So wait and watch.

Order cancelled

stock passed the zone with high volunme. No logic to short at this moment.
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