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its going towards 1476 .......u turn can come from there.
DRREDDY is in the making of ABCD pattern. If it closes below 1990 in daily charts, chances are big for it to test 1615
...levels explained in charts...
It is been observed on the daily chart that the price action forms an inverse Head N Shoulder pattern, indicating a positive and bullish move ahead.
Target 1: 2770
Target 2: 2810
1)A very attractive company in the space of Pharma
2)Growth rate, operating profit is facing multiyear resistance.
3)Net sales, operating profits have improved.
4)A good company to invest in for long term, FII's hold upto 36% stake(Source-BSE)
1)Stock is in resistance zone and if it survives this zone, a good shoot up is expected from ...
The stock is up to fill the gap which can be an opportunity to go short.