Potential Opportunity as Swing Trade in RELIANCE INDUSTRIES Risk : Reward - 1:2 Entry - 4705 Stop Loss - 4590 Target - 4935 This is for Educational Purpose only, apply your prudence & consult your adviser before any investing. HAPPY TRADING...... :) #nse #swingtrade #nifty #drreddy #nifty50 #bullishflagbreakout
stop loss 4731 target 4990 target 5130 delivery investment. buy if stock move above 4862. reversal trend.
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
EXPLANATION : This is a 15 min time frame chart of DRREDDY . It has formed Symmetrical Triangle Pattern , both side levels marked in chart . If you like this analysis of Stock give a Like // Follow for more updates , let me know in comments below :)
EXPLANATION : This is a 15 Min time frame chart of DRREDDY . The stock has formed a Ascending Triangle Pattern , I will look to go long if it gives a good breakout of its supply zone and continue the upward rally . I am not comfortable in shorting unless it breaks its trendline with volumes. Entry as per your entry setup .
crossing the 200 ema it will gain proper upper momentum and along with the pattern, it shows dual confirmation ; time duration - about 2 months ; seems like it can easily break the above lines ; first target - 5400 , second target - 5600. purely for educational purpose .
Look good at current levels,,, expecting good upmove from current levels stoploss will be todays low
Dr Reddy's Labs is consolidating in a tight range forming a parallel channel on the 15-minute chart. A fresh breakout/breakdown can give a good move.
Pure price action-based video on what to do in dr reedy now?
DR REDDY IS TRADING IN A NEWS RANGE AFTER IT BROKE ALL HIGH'S, NOW IT CAME ON A SAME TREND LINE AND ALSO IT TOOK EXACT SUPPORT FROM 50MA.
The stock has created the inverted head & Shoulders pattern in the daily chart. Short term targets are 6200 with an SL of 5200.
DRREDDY formed reverse Head & Shoulder pattern in daily TF. Its safe to enter above 5515, for targets of 6000, with SL of 5400. Thanks Yuvaa Trades
Dr Reddys lab is in the triangle pattern and going to take its breakout, so give an entry with appropriate Stop loss only after the breakout 🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ****** Aggressive traders enter at the breakout and conservative traders may give...
ooks good for a quick option. Take trade as per the values given in Fibonacci. always trail the stop loss. do your own analysis before taking trade Check these Upcoming ideas - STILL ACTIVE Check these successful trades & approach on Britannia , Mothersonsumi , DLF , Biocon , Daawat , Infosys , HBL power , HDFC life , Hind ZINC given below If you like my...