Hi All, This idea is about Dr Reddys Lab Fundamentals Mkt Cap - 106810 Cr Stock PE - 19.2 ROE - 21% ROCE - 27% Mkt Cap/Sales - 3.8 OPM - 28% Technicals Price was pushed back to follow the rising wedge pattern & if it sustains above the marked (white line) resistance, can further show an upside of 8-10% to reach the upper channel of rising wedge Happy...
Looking at the global market, it seems that tomorrow the market will open gap down. If the market opens flat then you can trade by using these levels
Hello Traders, BankNifty making a rising wedge pattern from 9th-March. whenever Breakout happens we can expect a good move. I hope you all like my analysis. Follow me to get regular updates. Please do share your thoughts in comment section. Please Hit a LIKE, it motivates me to do analysis and do SHARE with your trading friends.