Dr. Reddy on 1 hr TFDR REDDY is on its great breakout. May be it's greate opportunity we can see in few more days. Its for the holders to get that fast movement.
RDY trade ideas
Dr. Reddy's Weekly Chart AnalysisDr Reddy's might take a Support near the trend line . Present Volumes is nearing 20 MA breakout.
Bearish Trend only when there is Comfortable Closing below 4200 levels.
Till then go Long and Accumulate on all Dips.
Disclaimer: This chart is for educational purpose. Please consult of your financial advisor before investing.
DR Reddy - Inverted Head & ShouldersInverted Head & Shoulders on the daily timeframe. Up move is expected very soon.
DREDDYNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks...
Keep an eye ladies and gentlemen. Cheers and Happy Trading
DRREDDY - Bullish MomentumDRREDDY Ready to fire Given Entry.
Trade Setup - Monthly
Target Given on Chart
Dr Reddy labs look good for a swing tradeDe Reddy lab is in a very good rish reward ratio one can consider this for a swing trade
Dr Reddy ready for continuation of uptrendThis counter held fort despite todays tragic fall across the board - ATH is the 1st Tgt & 6800+ is Pattern tgt on successful BO - Estimated 1 to 2 Months
IS THE DR BECOMING SICK?In all probability. However,alternatives are possible. Everything is on the chart. sale below 4790 with sl abv 4850-4860. HOWEVER this is my view not A TRADING recommendation.
DRREDDY Levels for 27-sep-21(Intraday) Buy above 4810 for 15,40,70+++
Sell below 4775 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
Levels for - 27 Sep 2021EXPLANATION : This is a 15 min time frame chart of DRREDDY . It has formed Symmetrical Triangle Pattern , both side levels marked in chart .
If you like this analysis of Stock give a Like // Follow for more updates , let me know in comments below :)
DRREDDY ShortShort only after getting a conformation candle.....!
Looks Strong Bearish Moment.
Trade Only if you are ready to Take RISK...!
drrddy daily chart, its bullish engulfing daily good to carry if sustain above 4860, monthly forming morning star pattern? will update
DRREDDY Levels for 23-SEP-21(Intraday) Buy above 4870 for 15,40,70+++
Sell below 4830 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
[ Positional ] DRREDDY Long Trade
r : R 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 at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
=======
I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems.
=======
I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
=======
Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
=======
DRREDDY - RectangleRecntagle forning on 45M Chart of DRREDDY'S LABORATARIES. BUY 4811 -> 4890, 5000 Support 4755, 4690, 4660. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
DRREDDY Levels for 20-SEP-21(Intraday) Buy above 4910 for 15,40,70+++
Sell below 4850 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
POSSIBLE BREAKOUT CANDIDATEMay soon see a C&H BO. Looking good as long as closing above 4900. Target 5100+
Dr reddyDr. Reddy following a channel pattern.
Currently at 4962 and likely to break the ATH of 5614 this time
