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Oct 22, 2020 3:53 AM

#DRREDDY bullish triangle to bearish rectangle Short

DR REDDYS LABS FUTURESNSE

Description

DRREDDY's triangle setup shown earlier triggered its stop levels and now has shaped up to be a rectangle that has broken on the downside. Expect a downmove towards 4770 which is the normal target out of a rectangle. support and caution can be expected at 4845 which is the gap support

Trade closed: target reached

Target met again, closing trade
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