Hi Traders, DRREDDY is nearing to Trendline support in Daily timeframe, if any Buying momentum seen we can expect BULLISH trend to go Long. Incase any weakness breaks the trend line we can look for Short entry when it retraces the Trend line. Thanks
Dr Reddy is one of the stocks to watch for a few days/weeks. Clear resistance level is marked and the break of this can lead to a decent uptrend. It has already come out of the descending channel and has been silently accumulating.
DRREDDY is forming a double bottom on 1D timeframe, there could be a bullish rally after the breakout of neckline of the Double Bottom. There is also a confluence of 200 EMA on daily timeframe. You can go long after a good breakout of 4440/4435. Place Stop-loss according to you risks, suggested targets : 1st Target: 4680 2nd Target : 4890 . At 4Hour timeframe we...
When Price consolidate near 200 Day Moving Average and break the upper boundary of the consolidation zone then high probability price continue the trend .
NSE:GLENMARK #NSE:GLENMARK 360 CE given today and it worked really well and bagged 14k/lot. Further levels marked can be work as resistance. Happy LEarning !!
NSE:STAR #NSE:STAR shared day before yesterday with levels and it BD from support and resulted 7% yesterday. 320 PE Bagged 18k/lot. Happy LEarning !!
NSE:DRREDDY Taking support at major up trendline. A double bottom pattern is been forming in DR REDDY LABS, And at the Neckline zone, there is downtrend resistance 4480. If the daily candle closes above 4480, enter at the high of the candle.
Drreddy show flag and pole breakout, but wait for confirmation. We can see short term good profit once breakout. Chart for educational purpose.
Drreddy gives pattern breakout we can go long from mentioned target with SL
Dr. Reddy form Inverse H&S pattern. It can long if come 4150-4210 or if it close above it's neck line 4400 for target 4750 and 4900 in upcoming month.
Drreddy is in the supply zone. Looks like it is difficult that it will sustain at this level.
NSE:LAURUSLABS #NSE:LAURUSLABS formed ascending traingle. Happy LEarning.
Dr Reddy lab taking resistance, Fag pattern breakout given, target 4300
NSE:CIPLA #NSE:CIPLA trading bullish near to resistance, showing bullish up swing trending momentum in stock. Potential levels marked on chart. Happy LEarning👍
NSE:STAR #NSE:STAR reached to key support level, stuck between 308-326, breaking these levels may expect good momentum. All possible levels marked on chart, Observe and levels and share your experience. Hi Friends, For the past few days i was not able to share any charts due to technical error from TV. Many of you reached to me with the medium available in...
high : 07/07/2021 : 5,614.60 low : 18/02/2019 : 1,872.95 75 % : 4679.18 50% : 3743.77 25% : 2808.36
Dr. Reddys Labs Fut closed at a crucial level. It has to take a U-Turn from the current closing price. Otherwise, speculators will keep selling. And according to TA, we will see the target of 3780 - 3720 levels soon.
DrReddy is Trading on Rangebound Market Takes Support from 4300 and Expect upside towards 5400 in a shor-term perspective