DRREDDY breaking out from 9-month consolidation, from falling trendline with rising volumes, RSI also breaking out also CNXPHARMA index breaking above all-time highs.
Can expect immediate targets of 5800/6000.
GUJRAT ALKALIES, after breaking out from its 1-year trading range is back near its breakout levels, which is a very strong demand zone.
Price and Volume action showing accumulation in this range, expecting the stock to resume up-move, for the targets of 520/645.
After 3 years, the stock broke out above its very strong Demand/ Supply zone of 280-310 levels at the start of the year and has now formed a very strong base at those levels after 5 months of consolidation and now forming Bullish FLAG Pattern on Daily and Weekly charts, also CNXAUTO sector also on verge of breakout.
Targets as per Fibonacci retr comes out to be...