RDY trade ideas
SellSell with sl of 4730 for target of 4160-4040.
Can sell call of 4700-4800 SP.
Disc : it's not an investment advice to buy or sell
DREDDYdouble bottom indication with less risk and high reward
Note:
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Keep an eye ladies and gentlemen. Cheers and Happy Trading
Dr Reddys - Vaccine PlayShared this idea in the past and now took a trade at 4490. The vaccine news is just around the corner and with targets to launch the vaccine around 1st March to the people of India emergency approval should be quick too..
There is a positive divergence on the daily chart and once the stock stays above its 200EMA which is around 4470 many good things will happen in this stock
Long at CMP with SL below 4350.
#Drreddy cash : Looks good above 2472.10#Drreddy cash
24.02.2021
Looks good above 4472.10
stoploss 4435
Tgt 4508-4510/4580
(Risk free above 4510)
cmp 4438.50
Dr Reddy has given breakout of double top pattern Dr Reddy has given breakout of double top pattern, again retested base line also took 50% retrenchment resistance & moving towards its target with supportive volume.
DRREDDY Levels for 22-FEB-21(Intraday) Buy above 4700 for 15,40,70+++
Sell below 4655 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
DRREDDY GOOD LONG CANDIDATEDrreddy spot cmp 4630
Falling Trendline demand zone around 4585 to 4610 levels
Inside candle breakout and reversal seen in counter..
RSI giving breakout from contraction zone,,
Good long candidate in the give range
view gets violated below 4560 on closing basis..
Can move much higher levels..
Watchout for trendline breakoutThe stock has reversed and testing its trendline. Go long above 4761.5 level
DRREDDYDRREDDY: Looking Good
Expecting Support Level Bounce Back to Bullish
Buy Above 4625 Add Until 4400 Stop-Loss 4380
Target 4800-5000-5200-5400-5600+++
Positional Call
DRREDDY Levels for 18-FEB-21(Intraday) Buy above 4625 for 15,40,70+++
Sell below 4585 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
DrReddy - Bullish Bat PRZ 4675-4700 Target Upside
4760
4860
4900+
Note - Pattern not be traded if falls below 4650
Last Idea - Selling The Tops - 4900 - Just Missed Downside Target -4625
Dr. Reddy'sDr Reddy's: Buy the dips at 46XX zone for new ATH. SL 4560 sustain.
Alternately, if keeps going up without consolidating around 46XX, short at 5000-5150 zone for new low.
CMP 4800 no trade zone.
Rebound Expected !! in Dr ReddyIts on its Good Support !! Nice time to Buy here.
Accumulate for Lorg term.
Dr. Reddy : Efficient PricingDescription mentioned on chart .
Comment for any query ! will be happy to help .
