Get started

DRREDDY

Dr Reddys lab - wait for tomorrow's breakoutDr Reddys lab is in the triangle pattern and going to take its breakout, so give an entry with appropriate Stop loss only after the breakout 🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ****** Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout) After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
NSE:DRREDDY
by PrakWorld_Traders
Dr Reddy's - Monthly chartAfter seeing a strong breakout with lifetime high volumes in September, the stock was consolidating a bit for 3 months followed by a retracement in January. In Feb it took monthly support at 4380 and bounced back strongly. I personally expect this stock to outperform its peers in the upcoming months. High of Good volume candle is 5512. So my gut feeling is, it will take a month or two to reach those levels & then fly high on a monthly close above 5500. Positional view target : 10000+
NSE:DRREDDYLong
by tsarun1992
1
Dr Reddy Short Term Trading Set up 2The Price has been facing resisitance from 200 EMA . The structure is already provided for reference along with S&R LEVELS. Expecting 5240 The Indicator Used: 1) Daily Lines Plots Daily 20 (BLACK) & 50 EMA (GREY), BLUE (200 DAILY EMA ) On Lower Time Frame Charts. Not Activated. 2) Valuation band KEYS: Red Faded Cloud: Over Valuation. Grey Faded Cloud: Proper Valuation. Green Faded Cloud: Under Valuation. 3) TE-REKAB - Proprietary Indicator KEYS: PB: Pullback Blue Candle: Selling Divergence Yellow Candle: Buying Divergence If you like the analysis, do leave a like and follow for more such content coming up. The analysis is my POV , hope you got bucks in your pocket to consult a financial advisor before investing :P :) HAPPY TRADING!!!
NSE:DRREDDYShort
by ReeAishw
DR REDDY LABSooks good for a quick option. Take trade as per the values given in Fibonacci. always trail the stop loss. do your own analysis before taking trade Check these Upcoming ideas - STILL ACTIVE Check these successful trades & approach on Britannia , Mothersonsumi , DLF , Biocon , Daawat , Infosys , HBL power , HDFC life , Hind ZINC given below If you like my analysis do like & follow me as a token of appreciation. If you have any queries on any stock let me know. Leave a comment that is helpful or encouraging. Let's master the markets together
NSE:DRREDDYLong
by thestockengineer
DRREDDYS Possible breakoutNotes 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.
NSE:DRREDDYLong
by the_consolidation_guy
big move expected in buying side in drreddyHello guys i had find this setup of drreddy in 4h timeframe.the reason behind this analysis is its is in uptrend and the pharma sector is also in uptrend and the scenario for pharma sector in this pandemic situation is look bullish also it is in breakout mode the big resistant is on 5500 we will not take immediate trade we will wait for breakout and some confirmation before taking any position i will watching closely this script i will update on it and also plzz do your own analysis before taking any trade if you like my analysis do follow like and share thank y
NSE:DRREDDYLong
by FOREXKING7786
reistance breakout with strong candle broken resistance of multiple confluence horizontal + trendline buy above 5510 For stoploss in Intraday use 5 minute chart and see nearest support. for target use 5 min chart and fibonacci pivots as i don't keep predefined target. try to book partially and trail. Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis NOTE: For Gapup or bo before 9:20 If gapup is more than 1% from bo level than avoid completely. if less than 1% or gives bo before 9:20 than wait for first 5 minute candle and entry above 5 minute candle and revised SL below candle Low.
NSE:DRREDDYLong
by stockkar