DRREDDY had its bullish pennant breakout. Buy: 5220; T: 5500; SL: 5100 -MOHIT RAJANI
Levels and observations mentioned on chart. Trade duration : 2 weeks to 2 months
stock has trading in a range volume is building up so wait for breakout then enter levels are mentioned in the chart
Long in the stock future. Sold 4800 PE at 70 and Bot 4500PE at 22 (Oct expiry) . Maintain SL.
Price is consolidating in range and getting ready for break out.
Long bias - retracement after upmove is backed only by small bearish volumes
AGAR BREAK OUT HOTA HAI TO PAISE BANAO DOSTO.. UPSIDE BREAK OUT HUAA TO DELIVERY OR FUT LOT BUY KARLO.. DOWNSIDE BREAK OUT.. FUT LOT SELL.. ENJOY....
DRREDDY | Small breakout opportunity CMP : 5170 SL : 5070 Target : 5450 1:3+ risk reward setup
Note: This is for educational purpose only. There seems to be a bullish flag and pennant pattern. RSI is above 60 indicates bullish momentum.
Buy above 5225 for 15,40,70+++ Sell below 5190 for 15,40,70+++ Can comment or ping me for any query or live updates All views for Educational purpose, Trade at your own risk
(Intraday / Swing Trade) | RR 1:2.8+ | Type:- Breakout Reasons To Trade🤔 :- In Uptrend, Making Higher High's, Above 200DMA, Forming Continuation Pattern, Overall Sector is Bullish. Entry :- 5200 Stop Loss :- 5100 Target :- 5480 (Risk Must Be Managed.) Keep Your Eyes On Index 😜Follow For More ✔ Give Me A Thumbs Up... 👍 --Any Suggestions--
Buy above 5130 for 15,40,70+++ Sell below 5085 for 15,40,70+++ Can comment or ping me for any query or live updates All views for Educational purpose, Trade at your own risk