Stock has given a long-term TL BO on weekly TF with Volumes Making Double bottom pattern & Inverted H&S Pattern in short term (2-3 Months) and round bottom in long term (12-15 Months) For long term investor: The SL should be 2150 with Target of 4000 (Round Bottom Target) however, for short term investor it may move up-to 2800 keeping SL below weekly Green...
Best Place For Investment In DR REDDY LABS Cmp - 4446 SL - 3800 ( Monthly Closing Basis ) Target - 6870 Time Frame - 2 Years
drreddy cup and handle formation can look for 6000-6100
In today's trading session, the price has given a breakout of a falling trendline and flag and pole pattern. The price is trading above 14 EMA. MACD is turning positive. Keep a close watch. Disclaimer- I am not a SEBI registered technical analyst and adviser. Kindly trade on your risk.
Formation of a CUP and Handle pattern on monthly chart will confirm breakout in next 2 to 3 months. After Breakout looks good to hit 9494. Disclaimar:- Just a veiw for education purpose.
DR REDDYS LABS making a symmetrical triangle breakout and may give a profit of 12% and above. One can wait for Volume as well as weekly closing on chart CMP : 4650 TG : 5200 SL : Below 20 EMA Disclaimer : It is my personal view as a trader and for educational purpose only. Equity market involves risk . Please consult your financial adviser before taking any decision.
Buy on Flag Breakout on 15m Entry - on Flag Breakout SL - 4440 Tgt - 4544 Disclaimer - I am not sebi register analysis
Trendline support near 4400 Buy near 4400 Disclaimer: I am not SEBI register analysist
The chart presented here is intended for observational purposes only. What is your analysis and prediction for the future trend of DRREDDY?
Chart pattern depicts the situation clearly REASONS 1. DRREDDY has been trading in an Ascending channel respecting the levels perfectly . 2. In Monthly timeframe, DRREDDY has given a Breakdown out of the 5 Year old trendline Support (White coloured) 3. Now, it is going through a Downswing(Descending Channel) inside the Ascending channel 4. Right...
Dr reddy ready to Fly Good Trendline Support Weekly chart Rsi is also Looking good
Key highlights: 💡⚡ ✅On 1D Time Frame Stock Showing Breakout of Channel pattern . ✅ Strong bullish Candlestick Form on this timeframe. ✅ Buy above 4400 ✅It can give movement up to the Breakout target of 4800. ✅Can Go long in this stock by placing a stop loss above 4310. ✅ breakout this can give risk:reward upto 10 %+
Dr.Reddy Lab showing at 4380 is Major Resistance where we can clearly see Long Long Wicks and rejecting the price from same level At the same time we get Trendline Support and formed Ascending Tringle Chart Pattern. In coming session we can see such big rally either side of breakout or breakdown. KEEP AN EYE ON IT….!!!!
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...
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...
: entry & exit is very important : try to manage money management : know your stop loss : find the chart pattern / analysis the chart before you enter