DRREDDYS LAB - Inverse Head & Shoulders - 2H TFInverse Head & Shoulders pattern forming on 2 Hours Chart of DR REDDY'S LABORATIES. BUY 4100, SL 3848, Target - 4400. Distance from neckline to the bottom of the head = 476. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
Inverse Head and Shoulders
Long: Best SetupThe Call is based on Inverse head and shoulder, Trendline Breakout and Supply Zone breakout and retest. It is also Trading in parallel channel.
Best Setup
Entry between 445-460
Target 480/510
Stop Loss 437
Disclaimer: The recommendations are based on technical analysis and subject to market conditions. Please trade at your own risks. The author is not responsible for any loss.