#DRREDDY trading above Resistance of 5967 Next Resistance is at 6474 Support is at 5390 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational...
Dr Reddy's ascending triangle pattern breakout just wait for retrace or just risk to reward
Dr Reddys Laboratories Ltd. Sector: Pharmaceuticals & Drugs On a monthly & weekly chart script shows a strong bullish trend. This is a stock that is around its 52-week highs and shows a robust trend. in daily chart price in demand zone with RSI divergence shows accumulation in daily zone....
#DRREDDY trading above Resistance of 5614 Next Resistance is at 5967 Support is at 4986 Here are previous charts: Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please...
The first way to spot a possible breakout is to draw trend lines on a chart. To draw a trend line, you simply look at a chart and draw a line that goes with the current trend. When drawing trend lines it is best if you can connect at least two tops or bottoms together.
The above information does not constitute investment/trading recommendation and it is purely for educational purpose. Please check the Strategy below... SWING Trading Strategy: Position is created, only upon stock closing above the entry price on day closing basis and is held on for 5-10 trading sessions for larger gains (5-10%) INTRADAY Trading...
DR REDDY looking good. Wait for ABOVE level weekly time. buy after above weekly candle close. please wait for weekly candle close. NOTE- Only for Education Purpose. Please Give A Like If You Like FOLLOW FOR MORE
1. Annual Revenue rose 16.78%, in the last year to Rs 25,725 Crores. Its sector's average revenue growth for the last fiscal year was 8.64%. 2. Annual Net Profit rose 106.52% in the last year to Rs 4,507 Crores. Its sector's average net profit growth for the last fiscal year was 2.34%. 3. Debt to Equity Ratio of 0.05 is less than 1 and healthy. This implies that...
Directional Signal- Double top is a directional signal present on the ADR of the counter. This is a bearish set up. On the other hand the stock has already given a breakout in NSE chart on the right. This is a big divergence. Fib Analysis- The previous swing analysis is telling me this rally is not to be trusted. RSI- RSI on the two time frame charts in the...
Ready for big breakout Once cross 5920 6300 c3 Feb series invest
You can Find the there is Head and Shoulder Pattern follow the stoploss target and Risk Reward Ratio According the table right side the top
DR REDDYS intraday or 2 days opportunity entry after 5725 or at dip at 5725 with a stop loss of 5675 targets at 5800, 5825++
Downtrend line breakout with normal gap and breakout candle theory
Great financial Great valuation Breakout all time high and Retracement happen. 3 year + consolidation Technical sound Fundamental strong
As per the current market structure and based on supply & demand, the price may reach around 4500 range (Fibonacci level 61.8%) and would get bounce back from there to reach next high. This would work until it does not break the current Higher high level of 5990. If it breaks the current HH (5990 Level) then it does not work.
Dr Reddy after long consolidation is ready for big breakout Once cross 5800 Massive surges
DRREDDY Hourly Chart suggest 5% upside in 5-10 days ... Targets 6000+ Happy Investing.
4 year breakout and take support Great financial ATH sales and revenue Great ROCE N ROE CNH pattern For 1 to 3 year.