DRREDDY trade ideas
DRREDDY - Positional Trade May & JuneExecute Long above 5250 levels only after the trend line broke in Awesome Indicator and Price chart in 1 hour candle close to avoid false signals.
Maintain Strict Stop loss below the strong support zone as mentioned in the chart for a Target of minimum 80 points.
Kindly share your valuable feedback.
Disclaimer: Please do your own analysis or consult your Advisor before taking any trade. This view is for educational purposes only.
Dr Reddys- On Wave 3 of Elliot Wave- Strong BuyDr Reddy Will cross 6000 this May, based on Elliot Wave Formation.- levels of 5800 + can easily be seen around 20 May. Nice Breakout with Huge Volumes is a Confirmation.
Dr reddys lab "W pattern "Hello trader's
today we will discuss the pharma king
-DR reddys lab stock
-W pattern accure
-superbullish
if breakout happen wait for re-test
-volume's should be promising
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DR REDDY - CUP & HANDLEDR REDDY forming CUP & HANDLE on Weekly.
Looking Highly Bullish.
Need to spend some time here.
DRREDDY INSIDE PATTERN SHORT opportunityDRREDDY INSIDE PATTERN SHORT opportunity i
we can short after support breakout
DR REDDY 4426.50 DATED 14.3.2021DR REDDY 4426.50 DATED 14.3.2021
Tripple bottom @ 4375
Chances of reversal from this level...
tgt 4580-4725 SL 4370
It is just a view, trade with your own risk..
Dr Reddy Bulls on the wayStock looks like its going to be massive one
Eye for target more than 8000
SL 4000
Dr Reddy -- Bounce from support regionDr Reddy :
Bounced from good support area
Stay Long above 5150 with a SL 5020
DR REDDY'S ......... Bearish cypher ???Explained on charts .....
This is just my view...... trade according to your own risk management.
buy dr .reddy long -rs.5000
target- rs.5400
sl-rs.4950-if support line is broken
as per your risk management.
consult your financial advisor
COMPLETION OF FLAT CORRECTION.WAVE X OR WAVE 5 BEGINNINGIN CASE OF WAVE 5 STOCK HAS 2 POTENTIAL TARGET OF 5450 AND 6350. IN CASE OF WAVE X IT CAN GO UPTO 4850-4900
BuyBuy at cmp and in dip at 5000 sl 4680 daily closing basis for target of 6300+
In optimistic scenario rally could extend to 7200 and 8300.
Price has got support at CML and previous high. Volume in recent upmvoe is good. RS and RSI are indicating strength in counter.
Disc : it's not an investment advice to buy or sell
DR REDDYS - CUP AND HANDLE FORMATION IN MONTHLY CHARTSIMPLY FOR EDUCATION PURPOSE ONLY.......................ONCE BREAKING THE CUP AND HANDLE EXPECTING DR REDDYS TARGET 6500+++ - SLOSS 4660
