sankarghatak

DRREDDY Positive BREAKOUT soon

Long
sankarghatak Updated   
NSE:DRREDDY   DR REDDYS LABS
2
DRREDDY Positive BREAKOUT soon
DRREDDY: @ 2583 Range bound trade in couple of Week.
Correction OVER .
Positive Divergence in RSI, W%R, MACD, CCI, Stoch,
Divergence Type Start Date Closing Price Indicator Value End Date Closing Price Indicator Value
RSI 2/5/2017 2582.65 35.88 9/5/2017 2581.15 37.09
MACD 2/5/2017 2582.65 -35.61 9/5/2017 2581.15 -29.54
W%R 2/5/2017 2582.65 -89.43 9/5/2017 2581.15 -82.3
CCI 2/5/2017 2582.65 -118.56 9/5/2017 2581.15 -112.66
Stoch 21/04/2017 2609.65 4.39 9/5/2017 2581.15 23.56.

TGT: @ 2701, @ 2792, @ 2866, @ 2939, @ 2991, @ 3043+
Comment:
FARE Valuation as per RDY, NYSE implies @ 2634.
Also Watch RDY, Stock-NYSE.
Comment:
DRREDDY: LTP @ 2745
In Between TGT #1 @ 2701 & TGT #2 @ 2792.
Trader Should Maintain SL: @ 2670
Trade active:
DRREDDY: LTP @ 2736.9
Made a High @ 2760
Nearer TGT #2 @ 2792.
Trader Should Maintain SL: @ 2700- (By Closing) OR @ 2670 (Market Hours), WHICH COMES FIRST.
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