Note: This is for educational purpose only.
There is bearish RSI divergence in Dr Reddy. The price direction is contradicted by RSI direction. There might be some correction in price. Let's see.
DRREDDY is forming a pole and flag pattern on a daily basis with the price at upper end of the flag .The support as of now lies at 3610 .A close above the breakout range will give at least 15-20% return.Will update if i enter this trade.