DRREDDY Buy DRREDDY At 4396.80 Stop-Loss at 4320 Target at 4627
Three consecutive LH indicating a weakness Further Overlap made on the downside makes it weak
Dr. Reddy's Laboratories Limited is in an ascending triangle pattern on the weekly chart. Awaiting breakout confirmation, pay attention. If the price sustains above 4510, it will move higher. Refer upcoming targets.
DRREDDY:- stock is in short term uptrend. Currently it's consolidating and a decisive Break Down (most probably) may happen anytime soon If manages to cross it, may see a rise till 5300 levels to meet the target. You can plan the trade as per your risk appetite now!!!!!!! Hello traders, As always, simple and neat charts so everyone can understand and not make...
1. After a decline from 5600 odd levels to 3700 odd levels, stock is in short term uptrend. 2. As we can see, a Bearish Flag is in making. Currently it's consolidating and a decisive Break Down (most probably) may happen anytime soon. 3. Rejection is also evident from the RSI, suggesting a strong decline in coming weeks. 4. For short term, stock is entering...
Dr Reddy's laboratories making cup and handle pattern in hourly char. If Stock gives breakout and closes above 4600 , we can take a long trade till 4700 and above.
buy after trendline breakout | cmp - 4442 | buy above - 4480 | target- 4630 , 4930 //I am not a sebi registered agent , this post is only for educational purpose only , take your own decision or consult your financial advisor//
NSE:DRREDDY seems could not be able to pierce through the major resistance line around 4625 (the recent swing high). Note the volume. It's pretty significant and coincides with the Q2 result. So, things are interesting here. Chartically, the following traits are seen: A Head & Shoulder formation is seen with the neckline around 4200. There is a downtrend...
Dr Reddy's chart is due for break out. It will be a long candidate once it stays above . Wait for the perfect breakout and go long for it.
HNS PATTERN: Checked ============ Price & Volume relationship : ------------------------------------ Volume is supporting the Upside movement. Conclusion: Wait for a breakout on either side for good RR.
Not a call - please check your analysis Not a call - please check your analysis Not a call - please check your analysis Not a call - please check your analysis Not a call - please check your analysis Not a call - please check your analysis Not a call - please check your analysis Not a call - please check your analysis Not a call - please check your analysis Not a...
The stock is in SIDEWAYS bETWEEN 3860 TO 4500 We Can Inter In this Trade Only If it Breaks These Levels Either Upside Or Downside
DRREDDY forms channel pattern and retest a bottom of a trend line looking good for swing and positional trade
DRREADY in channel pattern can go for LONG (BUY) with risk: reward 1:2.5 a small swing trade...
Stock in Trading Range at 4320 - 4200 Levels. Wait for Trading Range Break - Plan accordingly
Price action analysis on DRREDDY. DRREDDY seems to be forming a w- pattern in daily time frame. Multiple targets can be taken, earnings release on 28th June , can trigger a blast in the price to the completion of the overall W - pattern. Target and stop loss indicated in chart, very thin SL, of around 1.5 % from entry point.
NSE:HCLTECH #NSE:HCLTECH trading @ Key Support level and good above 935 with as 925 SL. Medium to long term, chances to continue fall if BD 890 level. Happy LEarning !!