DrReddy has broken a year long trendline. Let's see how big the fall would be. I honestly don't know, though expecting big downfall.
NBVENTURES | Strong RSI divergence (Lower time frames), oversold in Daily time frame. Bounce and breakout from the falling wedge can give us 25% CMP : 47.50 (Ideal to enter @ 46.50) SL : 44 Target : 58 or exit near the trendline as it is getting narrow. Almost 1:6+ risk reward setup P.S : Trade with very lite position size as the volume history is not stable...
An ascending Triangle is being forming at the resistance area and consolidating between $3867 to $3967... expecting breakout in up side!!