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DR. REDDY S LABORATORIESDR. REDDY S LABORATORIESDR. REDDY S LABORATORIES

DR. REDDY S LABORATORIES

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DRREDDY trade ideas

DRREDDY, Medium risky "Trading setup"....By The_RedTickerMakes sense to me...been falling a lot, slowing losing strength. As such, not a bad stock, makes it worthy of being bought after such a dip. Its also at an investment level, but I am unable to generate longer duration view so will aim to trade just the chart for now and rethink if it gets into significant profits. *NOT AN IMMEDIATE BUY, entry level is mentioned on chart. Also, it should be a closing level entry and a closing basis SL. TF for this setup is DAILY. #The_RedTicker....
NSE:DRREDDYLong
by The_RedTicker
[ INTRADAY ] DRREDDY LONG BET risk: Reward ratio is 1: 2 Rest as per Charts ******** Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at all. ======= I use shorthands for my trades. “Positional” - means You can carry these positions and I do not see sharp volatility ahead. “Intraday” -means You must close this position at any cost by the end of the day. ======= Always follow a stop loss. In the case of Intraday trades, it is mostly the “Low/High of the Candle”. In the case of Positional trades, it is mostly the previous swings ********
NSE:DRREDDYLong
by Palkesh_Agrawal
Dr. Reddy's Lab - Power of bulls.After a huge erosion of market capitalization of about 20% from all time high in NSE:DRREDDY along with a significant correction in NSE:CNXPHARMA , it looks like NSE:DRREDDY is getting itself ready for a bounce back to hit the previous resistances. NSE:DRREDDY is travelling in a parallel channel and right now, it is taking support over T2 while beating the bears and forming dragonfly doji candlestick in 1 week timeframe. Like, Follow & Share for new updates.
NSE:DRREDDYLong
by Ravi_Singh_Chauhan
A technical analysis on Dr Reddy's LabAs you can see I am trying to guess the future of the stock, its just my theory on seeing the previous charts, as you can see it has taken good support from the green zone(support zone) in cpr, so an entry at that point would be perfect and go long on the stock for 3 month for return of more than 2000 per share, patience is the key. It will form a head and shoulder in 2 months or less and go for a breakout which will give amazing results. Stock market nowadays is sometimes bearish and our analysis could also go wrong so have a stop loss, Have a good day.
NSE:DRREDDYLong
by JJNAVEEN
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