Buy Dr Reddy lab 4989, till 4800 for 5300 to 5500. Invalid below 4690. Simple continuation pattern heading towards all time highs
DRREDDY LAB monthly symmetrical triangle breakout with weekly bullish, If it sustains above 4610 in day chart it will reach the weekly target 4957
Analysis Criteria Used: 1. Please find the Chart Analysis done for the Intraday Trade Idea levels for 31st May, 2023 2. The analysis for the Trade ideas, has been done based on Trend analysis and Chart Patterns with Volume Buildups Focus On: 1. Always keeping your Risk Management in play 2. Using a Stop Loss; because it is your Best Friend 3. Always Plan your...
Dr Reddy's Weekly chart @ channel support.. can be considered long RR 1:2
Buy on Flag Breakout on 15m Entry - on Flag Breakout SL - 4440 Tgt - 4544 Disclaimer - I am not sebi register analysis
After analyzing DRREDDY's stock, there are indications that a potential breakout may occur shortly. Several factors suggest that the stock's price could experience a significant movement. However, it's important to note that stock market investments come with inherent risks, and accurately predicting breakouts or price movements is challenging. It's advisable to...
Dr reddy it is testing major trend line wait for any reversal confirmation if reverses then very minimal stoploss If it breaks down may be a shorting opportunity
As per my analysis DRREDDY will ready for a fall. Already started breaking the trendline and there is a huge resistance as well
NSE:DRREDDY @ 4437.95 - LONG & SHORT TGTs and SL are in the Chart. FOR BOTH BREAKOUT or BREAK DOWN, STRONG CLOSING CANDLE IS MUST. Am bullish here. This idea is for Educational purpose.
Trendline support near 4400 Buy near 4400 Disclaimer: I am not SEBI register analysist
it looks like drreddy has completed ew5 and ready for some correction , keep an eye . view negated above 5000
DRREDDYS LAB Key highlights: 💡 ✅On 1Week Time Frame Stock Showing Reversal of Uptrend Channel Pattern . ✅ It can give movement upto the Reversal final target of below 4400-. ✅There have chances of breakdown of Support level too. ✅ After breakdown of Support level this stock can gives strong downside rally upto below 3806-.
Drreddy ois ready for big breakout. If it crosses 4941 and sustains for 30min then 5000/5200 are my immediate targets. It is more likely to touch 5000 tomorrow. Pharma sector is extremely bullish and we can see good rally across multiple pharma stocks tomorrow, Divislab, Metropolis etc.
A shooting star occurs after an advance and indicates the price could start falling. The formation is bearish because the price tried to rise significantly during the day, but then the sellers took over and pushed the price back down toward the open. Traders typically wait to see what the next candle (period) does following a shooting star ....
Drreddy expected to give good breakout and touch 4500, 4600 in coming days.
Dr. Reddy's Laboratories Ltd is a leading India-based pharamceutical company which offers a portfolio of products and services, including Active Pharmaceutical Ingredients (APIs), Custom Pharmaceutical services (CPS), generics, biosimilars and differentiated formulations. Market Cap ₹ 80,814 Cr. Current Price ₹ 4,853 High / Low ₹ 4,920 / 3,788 Stock P/E 22.2 Book...
Good chart structure The stock is in a continuous up move Once it crosses 4990 can regain May 2021 levels. I AM JUST REPRSENTING MY VIEWS FOR EDUCATIONAL PURPOSE ONLY.