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
NSE:DRREDDY Observations: 1) On 1 day time frame,we can see that it has been having continious down fall and now it is near to immediate last major support of 4200 level. Range of 4200-4275 is working as support in previous days. It has now chance to bounce from it. But if it failed and gave breakdown of 4200 level range then we can see some more down fall...
It's forming TRIPLE BOTTOM pattern wait for reversal candle, As we know market discounts everything so the downfall happened before the earnings data release on 27 jan so there would be profit booking and new buyers should come keep an eye on it.
Take a look at the Dr.Reddy Chart , it is in the oversold state it will revert back in no time
stop loss 4731 target 4990 target 5130 delivery investment. buy if stock move above 4862. reversal trend.
NSE:LALPATHLAB #NSE:LALPATHLAB trading bullish and BO TL ALl the levels mentioned on chart. Safe side both the ways marked.
One of the most Lagard stock in the market. gave a 100+% returns in 6 months after the crash but after than its been a year there's absolutely no returns/ disappointing returns, Often rising up in intraday and falls back after some time. Being a Pharma Stock, this one underperformed too much. anyways very good support at 4400, absolute support at 4000-4040. it is...
Stock name - Dr Reddys Labs SL 2-3% tgt - recent swing high i.e 7-8% It gave breakout from ascending Triangle Pattern with good volume
Price is consolidated in a range. For trade entry level mentioned on chart.
Take positions in DR REDDY once the trend line breaks on either sides. I think we'll see a breakout soon as the results were quite good.
Multiple bullish harmonic pattern formation PRZ levels confluence at zone for the both the harmonic patterns Will act as strong demand zone GOOD REVERSAL POSSIBLE ON MATURITY
NSE:DRREDDY as one can see Dr. Reddy's share heading towards harmonic PRZ., so here if you find reversal at PRZ then only go for swing trade. ******whatever charts or levels sharing here are just for educational purpose only, not a recommendation. Please do your own analysis before...
NSE:DRREDDY Observations: 1) On 1 Day time frame, After Friday's doji candle/spinning top candle, today it made hammer pattern. Also it has been taking support and closing above 400DMA which is very very major support for any stock. Only negative thing is that volume was lower than Friday. Please refer below chart : 1day Time Frame. Immediate...
one should go long on current levels with SL of 4730 for the tgt of 5000/ 5150
Note: This is for educational purpose only. Please do not trade in F&O based on this analysis. There seems to be formation of Inverse Head & Shoulders. If the neck line is broken, we can initiate a buy in cash. RSI above 65 indicates bullish momentum. Moreover, the stock has more relative strength as compared to Nifty 50. SL: ₹4825
Dr Reddy's might take a Support near the trend line . Present Volumes is nearing 20 MA breakout. Bearish Trend only when there is Comfortable Closing below 4200 levels. Till then go Long and Accumulate on all Dips. Disclaimer: This chart is for educational purpose. Please consult of your financial advisor before investing.