DRREDDYS Possible breakout
Notes
Please note - Not a SEBI Registered Advisor/Analyst. Only for Educational Purposes. Please Consult your financial advisor before you take any action.
- Been in a channel since August last year.
- The top level has been tested 4 times before the latest candle (11th June)
- Currently in the resistance zone since it closed above 5420 with decent volumes and candle strength.
- Hoping it will continue this momentum and close above 5505 to make fresh highs.
Please note - Not a SEBI Registered Advisor/Analyst. Only for Educational Purposes. Please Consult your financial advisor before you take any action.
Trade active
Well within the Accumulation zone...Trade active
Looks like its out of the zone.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.