It looks like the final correction wave of Dr Reddy is in completion. A break in the resistance sloping trend line may confirm bottoming out and advance to higher zones in the next months. I will take a small position now and with a small stop below the low of monthly chart and add on break of the resistance trend line.
3rd Attempt to breakout. Good Volume. Highest close after 10th November 2016. Significant increase in OI (15%) on 15/3/2017. Long with SL of 14500 on closing basis for 15300/15600/16200
