Dr Reddy breakout Daily/WeeklyBreakout given on Daily as well as weekly chart.
Rsi predicted bullish move.
Follow for more.
DRREDDY
DR REDDY LABS CUP AND HANDLE PATTERN WATCH WITH EAGLE EYEDR REDDY LABS CUP AND HANDLE ENJOY YOUR COFFEE OR TEA WHAT EVER YOU PREFERRED
DR REDDY'S - CUP AND HANDLE 1500 bps bull run expected Dr Reddy's has given a hug Cup and handle pattern with the length of approx 2500 bps (Rounded off to next 100). 1000 bps already covered since the cup formation. Another 1500 bps rally expected in next 6-12 months. Hold it in long term. A fundamentally strong and promising share expected to give extra-ordinary results due to it new projects from DRDO
CMP - 5300
Target - 6000/6500/7000+ in 6-12 months
DRREDDY INSIDE PATTERN SHORT opportunityDRREDDY INSIDE PATTERN SHORT opportunity i
we can short after support breakout
BuyBuy at cmp and in dip at 5000 sl 4680 daily closing basis for target of 6300+
In optimistic scenario rally could extend to 7200 and 8300.
Price has got support at CML and previous high. Volume in recent upmvoe is good. RS and RSI are indicating strength in counter.
Disc : it's not an investment advice to buy or sell
Analysis of DRREDDY. Good Move again. For swinger and intraday.Everything provided in graph.
For Educational purposes.
Comment for any queries or suggestion
SellSell on rise around 4450-4500 sl 4605 daily closing basis for target of 3965
Disc : it's not an investment advice to buy or sell
DRREDDY Levels for 24-MAR-21(Intraday) Buy above 4400 for 15,40,70+++
Sell below 4355 for 15,40,70+++
Can comment or ping me for any query or live updates
All views for Educational purpose, Trade at your own risk
Beginner's analysis.DrReddy has broken a year long trendline.
Let's see how big the fall would be. I honestly don't know,
though expecting big downfall.
Dr Reddy | 700 Points Target Achieved We shared this idea in the starting of Feb and asked to short this stock near 5000 levels, It made a high of 4900 odd levels and now trading near our first target.
Here is the chart we shared.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
DR Reddy: Double bottom at support levelDr. Reddy has created a double bottom pattern. The risk to reward ratio is highly favorable here.
Volumes are increasing slowly with the price which is a positive sign.
All levels are mentioned on the chart. For educational purposes only.
