DRREDDY Levels for 01-DEC-20(Intraday) Buy above 4860 for 15,40,70++ Sell below 4800 for 15,40,70++ Can comment or ping me for any query All views for Educational purpose, Trade at your own riskby ChandraBose20020
DR reddy look promising to go LONGDr reddy having strong support around 4650 and showing sign of swing reversal and try to sustain above this level and having hurdle around 5000 breakout of 5000 will definitely lift the stock to 5600. Initiate buy in Dr reddy for target of 5200 and 5600 with stoploss of 4657.Longby TECHECK1
#DRREDDY FOR 5200A CLASSIC BULLISH FALLING WEDGE PATTERN WITH PREVIOUS SWING TOP ACTING AS A GOOD SUPPORT DEFINING CHANGE OF POLARITY. REDDY IS STANDING AT A VERY GOOD RR FOR TGTS OF FALLING WEDGE THAT COMES AROUND ALL TIME HIGH. LONG DRREDDY WITH CLOSING BASIS SL 4760 FOR TGTS 5000/5200/5500Longby Stage2traderUpdated 228
DR REDDYDR REDDY SHORT SELL BELOW 4795 STOP LOSS 4855 TARGET 4730 & 4705 INTRADAY - VALIDITY MONDAY Shortby Cfa_Arvind110
DrReddy - Last chance to buy before another runDrReddy is getting support at 0.618 fib level and the traded volume is also decreasing. In 1-2 days we may see a spike in volume and which will start another bull run. It is also forming a Flag and Pole pattern. If Flag and Pole breakout happens than Target is 5900++ in coming weeks.Longby Karu142Updated 2
DRREADY INTRADAY TRADING SETUP FOR 26 NOV 2020 THIS IS FOR EDUCATIONAL PURPOSES ONLYby sandeepregoti991
heading 6200 ++I am looking for levels of 6200 + in DRL. 4000 on daily closing basis is my SL . 4500-4550 is the level to enter in stock. Disc : It's not an investment advise to buy or sellLongby TukkaNomist113
Dr Reddys - Sputnik V breakoutWith testing having started for the Sputnik V and high expectations from the already sucessful testing in Russia, Dr Reddy could become a global supplier for the product post its trails. This is a company with very good USFDA compliance and a future pipeline of excellent products. Long above 4990. SL at 4800. (A little deeper than usual but its a positional play) by rdkriplani1
Long for 15-20% gain in short timeRepetitive step and ladder pattern. Will history repeat itself !!! don't miss For educational purpose.Longby Kamaljeet11
DRREDDY, Long for 20% gaincorrective wave is over, bouncinf off 0.618 fib level first target is All time high, followed by 6000+ (next targets are marked on chart) SL: close below recent lowLongby nitinshmUpdated 2
Dr Reddy positional buy opportunityBull Flag pattern formation and breakout Buy at CMP 4900-4930 Sell Target 5830 Stop loss 4650 Profit potential of 18% approximately Trend continuation Nice risk to reward on offerLongby shaumitagarwal0
Channel Pattern broken DRREDDYBuy only above 3850 with a 60 pt stop loss. Kindly like and follow for more trading ideas.Longby dharmesh795760
DrReddy - Trendline trade1. The Previous uptrend happened with Incremental Volume 2. The correction happened in low volume 3. Now it's in a support area 4650. 4. It should break the downward slanting trendline with high volume. Current Close - 4670 Buy above 4950 Stop Loss - 4540 Target - 5502/6000 This idea is invalid once it breaks the support zone and closes below i.e. 4500Longby gyanmuniUpdated 5
Breakout from falling Wedge Pattern in Dr ReddyThere is a breakout from falling wedge pattern in Dr Reddy on hourly chart today. Volumes of 3X (Compared to 10 day EMA) were seen on the breakout candle. After the breakout, Dr Reddy is now coming back to test the trend line. If we observe the daily chart bulls ahas made an attempt on 19/11/2020 for breakout but was unsuccessful. Today bulls were successful in taking the prices higher. We can initiate buy between 4810-4830 and targets would be 4999/5080/5200. SL would be very small i.e. below the low of breakout candle i.e. 4770. Risk/Reward will be pretty good around 2.7 if trade works out. Longby Swingtrader20192015Updated 111
Dr Reddy - Flag it for profitDr. Reddy's is trending up in Higher Time Frames. After recent explosive move, stock is consolidating. Thereby forming a Flag formation in Daily Charts. CMP is coinciding with .618 Fib Retracement. Trade Set Up. Enter @ CMP(4670) SL : 2% from Entry. Target 1 : 4900 Target 2: 5025. Its offering 3:1 RRShortby PrasannaVasuUpdated 3