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Petronet - Bearish - next Support AnalysisPetronet - Bearish - next Support Analysis 1. Breaks the primary trend, tried a lot of attempts to break the trend upwards... but due to negative trend, it came down. 2. next support at 190 and another at 180. 3. Strong down candle was created last week, due to this mostly next also will be negative for this stock. 3. I hope it won't break the 2020 crash low. Note: 1. I’m not a SEBI Registered advisor, my research is personal and for educational purposes only. 2. Always check with your financial advisor and take the trade as per your risk/reward ratio. 3. Follow me for more patterns and like, and share so that we feel it is helpful to many and share more patterns...
NSE:PETRONETShort
by ravi15684
1
Dr Reddy's Lab AnalysisOne of the most Lagard stock in the market. gave a 100+% returns in 6 months after the crash but after than its been a year there's absolutely no returns/ disappointing returns, Often rising up in intraday and falls back after some time. Being a Pharma Stock, this one underperformed too much. anyways very good support at 4400, absolute support at 4000-4040. it is gonna take really long time to see good returns from this stock. This stock is best for swing and intraday trading, even Shorting. DRL couldn't even recover from the huge intraday fall, for the last 2 months. if it sustains above 5000 can expect good short term returns. P.S: It won't happen any sooner, the stock has given Head and Shoulder pattern, Bearish mode continues. Investors, if you're in profit, Book as soon as possible.
NSE:DRREDDY
by raam8360