Buy on Flag Breakout on 15m Entry - on Flag Breakout SL - 4440 Tgt - 4544 Disclaimer - I am not sebi register analysis
Drreddy show flag and pole breakout, but wait for confirmation. We can see short term good profit once breakout. Chart for educational purpose.
high : 07/07/2021 : 5,614.60 low : 18/02/2019 : 1,872.95 75 % : 4679.18 50% : 3743.77 25% : 2808.36
Dr Reddy has been taking support at the horizontal line and is taking resistance at 200 DMA. Hope at least this time it breaks the 200DMA. But moving till 200 DMA itself is a good move and sl can be the horizontal support minus some grace points.
