Dr. Reddy Laboratories Ltd above 4584.9Strong Buying Zone between 4565 to 4572. Buy with Stop Loss 4565
RDDA trade ideas
Double Bottom formation in Dr. Reddy Lab.Double bottom formation Low of 4445.70 on 24/08/2021 and again Low of 4441.3 on 07/12/2021 on Daily chart. Accumulate this share in any decline for the TARGET of 4900 - 5000 with a stoploss of 4439.3
Sell below 4581 SL 4618 TGT 4556Suggestions are based on my analysis only. Please do your analysis before taking any trade.
Drreddy in a ChannelDrreddy is trading in a channel, Is at Support in the channel, lets wait and watch the Trend
DRREDDY Short and Long IdeaPrice is consolidated in a range. For trade entry level mentioned on chart.
DR reddy short termMultiple bullish pattern on chart which indicate a best candidate for short term
Next target could be till next resistence which is @ 4800-4900 range
Dr Reddy Cmp 4751 dated 26-11-2021Dr Reddy Cmp 4751 dated 26-11-2021
1. Buy above 4770 for a tgt of 4900-4980-5025-
5075 SL 4585
It is just a view, pls trade at your own risk.
Expecting Breakout ✌✌✌This scrip is expected to give breakout in the coming days as it is on the verge of breakout. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏
Dr Reddys Swing Trading ChartHi guys, this chart is for educational purpose only not for sale... plz do your own analysis too.. Thank Q
Dr Reddy- long set upLevels are mentioned on the charts. Stock may show a comeback this time. The risk-reward ratio should be maintained wisely.
Only for learning and sharing purposes. Not a bit of trading advice.
Please comment with your views.
DRREDDY (Reddy lab) trend analysisa long trendline at bottom respected every time for a turn around + support of 400 EMA confirming the support
upper side very close to breaking 200 EMA
waiting at higher level just below 200 EMA very stable even in this volatile market
wait till it breaks 200 EMA
target 5000 - 5051
if breaks above 5000 can even try and test all time high
Just for educational purpose
Dr Reddy - Breakout CandidateDr. Reddy could break out of this TL and then be ready for an up move. Swing traders can keep it on their watchlist for a good RR trade.
DR REDDY - Wait for trend line breakTake positions in DR REDDY once the trend line breaks on either sides. I think we'll see a breakout soon as the results were quite good.
Dr Reddy Labs-Channel FormationDr Reddy Labs is moving in channel formation with its support on 4380 & resistance on 5500.
It is looking good/safe for swing trading.
Dr Reddy - Chart PatternDr. Reddy showing 2 chart patterns on weekly charts :
1. Symmetrical triangle
2. W-pattern (can you see it) or double bottom pattern
Wait for neckling break above 4960 on closing basis. TGT - 5400 on positional basis
#risinglows
#goodvolumes
Drreddy LongDr reddy has been taking support on trendline and is again on trendline showing some reversal. Conservative traders can go long after stock crossing 4900. Aggressive and long-term holders can enter now with SL below the trendline. If it goes as per plan swing target could be 20%
drreddy -shark- TF dailysee chart
may go upside 4750-4800-4850
negation below 4530 clossing
Educational purpose only.
This is not a recommendation -
I am not SEBI registered - Do not TRADE/INVEST basis what I publish here.
Inspired by - Trading Mirror telugu
BUY DR REDDYS LABSAccording to chart analysis we got the one opportunity to buy this stocks if it breakout @5000 with increasing volume then buy it for target 6000++.
According to fundamental its very very good stocks for investing in coming days.
(Very HIGH Convication) Chart is very bullish form now.
BUY @5000 or above
TARGET 6000+++
Note: This is short terms target.
#DrReddy updated harmonic Patterns#DrReddy updated harmonic Patterns
PRZ-4508.55
SL-4439
CMP:4659.20 @31 October 2021
Short #DRREDDY looks so week in daily. Expected a target 4000. short term sell below : 4630
target @ 4050
stoploss above 4780
last 14 months this stock is trading in between a strong supply and demand zone. excepting a previous level of support 4050 to 4000 in a couple of weeks. current global cues are in negative mode.
