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Dr Reddy [Pharma Play]
DR. REDDY S LABORATORIES
Long
Dr Reddy [Pharma Play]
By Satvik_Singhal
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Nov 26, 2020
0
Nov 26, 2020
Stock has has been correcting for a while.
Nifty Pharma has also been correcting and could show rebound anytime soon.
Stock has taken strong support at 4800-4850 levels and has given a rebound as well.
Good time to start accumulating the stock.
MACD is has also given sign for reversal.
1st Target: 5330
2nd Target: 5500
SL@4700
Chart Patterns
PHARMA
Satvik_Singhal
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