Dr Reddy PRZ reversalXABCD showing reversal sign in this scrip.
Long Day Bearish candle formed on daily chart.
Daily support trend line also breached.
Shorting opportunity.
DRREDDY trade ideas
Dr Reddymay take support at 4650. so can buy 4800 PE at 40, lot size 125.
Only for Educational Purpose..
DR REDDY'S - CUP AND HANDLE 1500 bps bull run expected Dr Reddy's has given a hug Cup and handle pattern with the length of approx 2500 bps (Rounded off to next 100). 1000 bps already covered since the cup formation. Another 1500 bps rally expected in next 6-12 months. Hold it in long term. A fundamentally strong and promising share expected to give extra-ordinary results due to it new projects from DRDO
CMP - 5300
Target - 6000/6500/7000+ in 6-12 months
DRREDDY LOOKS BULLISH FOR SWING TRADEPrice on major support and also has trendline on bottom,
Even gave breakout to upper trendline,
Use green lines as TP's,
Fundamentals also Look Bullish,
timesofindia.indiatimes.com
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
-
for more uodates please follow me and hit the like button and comment down your thoghts
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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
