DR REDDYS LADRN discussion
DRREDDY is good on chart across 650Entry - 6082
SL - 5960
Target 1- 6203
Target 2- 6325
target 3- 6447
DRREDDY IT will break 6500 soon
DRREDDY 1. Negative trend
2. Hold short positions with a SL of 6080
DRREDDY Today's bearish candle confirms the formation of a double top pattern. The degree of decline in STMA band shows weakness in price. Also recently the price has broken the structure with a strong bullish candle. So, the probability of retesting lower levels is high and according to my strategy we are in a no trade zone.
DRREDDY looks bullish near term
DRREDDY Here, is the chart for your reference and once it break and sustain above 6000+ only then you can expect long move
DRREDDY can break out from 5200
DRREDDY looks good to buy from current price
DRREDDY here, is the chart for Drready for you...
DRREDDY hhhhhhhhhhhhhhhhhhhhhhh