DR REDDYS LABS DRREDDY

mmjimm Updated 

Chart pattern depicts the situation clearly REASONS 1. DRREDDY has been trading in an Ascending channel respecting the levels perfectly . 2. In Monthly timeframe, DRREDDY has given a Breakdown out of the 5 Year old trendline Support (White coloured) 3. Now, it is going through a Downswing(Descending Channel) inside the Ascending channel 4. Right...

udhayakumars Pro Updated 

Looks like Dr reddy is will take support near 3600 level based on fib support and resistance

SPTradingDesk

Dr Reddys Posted Results. Here it's chart. I think there will be a H&S Pattern Breakdown possible. If Breakout Above Blue line trend will change.

mr_entreprenure

Dr Reddy Labs Created Ascending Chart Pattern where its Major Resistance where as showing long long wicks and Rejecting Again & Again from Same Point is Considering such Nodt Important point where again it reaches the same level If it will break in upcoming session We Can see such Big Rally in Reddy Labs KEEP AN EYE ON IT….!!!!

Pravins333 Updated 

• As long as DRREDDY stock price below Resistance zone from 4544 to 4579 , there will be chance to show one more deep dip towards Support zone from 4215 to 4200

dinesh621

Dr. Reddy's Laboratories has touched the support line and is in an uptrend.

Jainshashwat

-A head and shoulders pattern is a technical indicator with a chart pattern of three peaks, where the outer two are close in height, and the middle is the highest. -A head and shoulders pattern—considered one of the most reliable trend reversal patterns—is a chart formation that predicts a bullish-to-bearish trend reversal. -An inverse head and shoulders pattern...

chart_analytics_kb

short opportunity in DR Reddy as we can see a inverted head and shoulder pattern

SHEETAL_UDESHI Pro

Dr Reddy Cmp 4251 dated 27-12-2022 1. Hammer Candle @ support Buy above 4270 for target 4350-4420-4460-4500 SL 4200 Disclaimer : I am not a SEBI registered Analyst so please do your own Analysis before taking any action. The above view is shared just for educational purpose. By no means shall be responsible for any...

MohammedJunaid Updated 

DRREDDY Buy DRREDDY At 4396.80 Stop-Loss at 4320 Target at 4627

krishnakhanna Premium Updated 

Three consecutive LH indicating a weakness Further Overlap made on the downside makes it weak

anuragdandriyal

cup and handle formation on drreddy can do wonders on break out find your own target

imran12020

Health Care Pharmaceuticals Largecap With a market cap of ₹73,055 cr, stock is ranked 73 Stock has been generating better return on equity than bank FD Stock doesn't offer attractive dividend returns Good time to consider, as stock is not in overbought zone Stock not in ASM/GSM lists and not a lot of promoter holding is pledged Disclaimer : I am not a...

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vk447376

DRREDDY 4515 levels wait for breakout and long build up okh.

Subashganesan Updated 

Dr. Reddy's Laboratories Limited is in an ascending triangle pattern on the weekly chart. Awaiting breakout confirmation, pay attention. If the price sustains above 4510, it will move higher. Refer upcoming targets.

pande939

Broken out of triangle pattern looks good for a long position Target around 4900-5000

AjayDhakad_Keep_it_simple

DRREDDY:- stock is in short term uptrend. Currently it's consolidating and a decisive Break Down (most probably) may happen anytime soon If manages to cross it, may see a rise till 5300 levels to meet the target. You can plan the trade as per your risk appetite now!!!!!!! Hello traders, As always, simple and neat charts so everyone can understand and not make...

Equity_OptionTrader

1. After a decline from 5600 odd levels to 3700 odd levels, stock is in short term uptrend. 2. As we can see, a Bearish Flag is in making. Currently it's consolidating and a decisive Break Down (most probably) may happen anytime soon. 3. Rejection is also evident from the RSI, suggesting a strong decline in coming weeks. 4. For short term, stock is entering...