Dr Reddy Consolidation 1 year and breakoutHi everyone
lucrative opportunity created in drreddy
already creaated but I am late to post
DRREDDY
Dr Reddy Idea for buyingHi buyers
dr reddy created best weekly breakout you can plan trade in 4 hour time frame rto reduce small Stop lose
enjoy profit
DR REDDY Dr reddy
Up side Target 5335/4950
down side Target 3930/3385
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Disclaimer
I am not sebi registered analyst My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
I may be 100% wrong as its my personal trade.
DR REDDY LABHey traders This healthcare stock is making Ascending triangle pattern on Weekly timeframe chart
Resistance zone is 4615 (+-20) levels
Support zone is trendline
where strong support zone is 3650 zone.
#DIVISLAB #TORNTPHARM #ALKEM #AUROPHARMA #BIOCON #LUPIN #CIPLA #DIVISLAB
NSE: DIVISLAB
CMP: 3498
TP: 4200
SL: 3300
TF: <6m
RR > ~3.4 times
Return > 20%
THYROCARE CNXPHARMA LUPIN SUNPHARMA SPARC DIVISLAB DRREDDY AUROPHARMA BALPHARMA GLENMARK SANOFI PFIZER BPLPHARMA MARKSANS BIOCON GRANULES IPCALAB LAURUSLABS NATCOPHARM GLAND ALKEM ZYDUSLIFE APOLLOHOSP FORTIS AARTIDRUGS ZYDUSWELL MAXHEALTH BAJAJHCARE
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia
#ASTERDM #BAJAJHCARE #MAXHEALTH #LAURUSLABS #NATCOPHARMA #GLAND #ASTERDM
NSE: ASTERDM
CMP: 225
TP: 300
SL: 200
TF: <6m
RR > ~3 times
Return > 33%
THYROCARE CNXPHARMA LUPIN SUNPHARMA SPARC DIVISLAB DRREDDY AUROPHARMA BALPHARMA GLENMARK SANOFI PFIZER BPLPHARMA MARKSANS BIOCON GRANULES IPCALAB LAURUSLABS NATCOPHARM GLAND ALKEM ZYDUSLIFE APOLLOHOSP FORTIS AARTIDRUGS ZYDUSWELL MAXHEALTH BAJAJHCARE
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia
#BIOCON #LUPIN #DIVISLAB #ALKEM #IPCALAB #GRANULES #AUROPHARMA#BIOCON
NSE: BIOCON
CMP: 267
TP: 320
SL: 250
TF: <6m
RR > 4 times
Return > 20%
THYROCARE CNXPHARMA LUPIN NSE:CIPLA SUNPHARMA SPARC DIVISLAB DRREDDY AUROPHARMA BALPHARMA GLENMARK SANOFI PFIZER BPLPHARMA MARKSANS BIOCON GRANULES IPCALAB LAURUSLABS NATCOPHARM GLAND ALKEM ZYDUSLIFE
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia
#AUROPHARMA #CIPLA #DIVISLAB #DRREDDY #LUPIN #GLENMARK #PFIZER #AUROPHARMA
NSE: AUROPHARMA
CMP: 437
TP: 535
SL: 400
TF: <6m
RR > 3.5 times
Return > 22%
THYROCARE CNXPHARMA LUPIN NSE:CIPLA SUNPHARMA SPARC DIVISLAB DRREDDY AUROPHARMA BALPHARMA GLENMARK SANOFI PFIZER
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia
#THYROCARE #CNXPHARMA #LUPIN #CIPLA #SUNPHARMA #SPARC #DIVISLAB #THYROCARE
NSE: THYROCARE
CMP: 700
TP: 920
SL: 600
TF: <6m
RR > 2.3 times
Return > 30%
THYROCARE CNXPHARMA LUPIN CIPLA SUNPHARMA SPARC DIVISLAB DRREDDY AUROPHARMA BALPHARMA
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia
#DRREDDY Weekly Major Support & Resistance Levels.Providing Weekly Support and Resistance levels for next coming week based on Central Pivot Range and its major support & resistance levels of week, where price can take support and face resistance. Three black lines indicating weekly Central Pivot Range. Previous week high & low also performs as a major support and resistance levels. Can take long & short positions according to how price perfoms at particular given support & resistance levels.
Is Down Trendline is going to be Break? - DRREDDYDRREDDY - Earning Results is going to be released on 28 October.. Is Strong Down Trendline is going to be Break?
If Trenline has been broken with volume then succefully then we may witness nice rally, this is my opinion.
What Do You Think?
DR REDDYS LABS Falling Wedge Pattern Breakout*DR REDDYS LABS*
Time Frame: Daily
Observation:
* Falling Wedge Pattern Breakout
* Mean (EMA) Diversion On Hourly Time Frame
Resistance/Target: 4612 4931 5077
Support: 4055 3789 3654; Dynamic Support at EMA 200.
Dr. Reddy's LabsDRL shows ascending triangle pattern on daily chart. We have to wait for breakout on this chart.
CMP = 4237
Breakout level = 4400
Target = 5000
Stop loss = 2 % below breakout level
DR REDDY LABS , has crossed it's ASCENDING TRIANGLE pattern hey guys ,
DR REDDY LAB , stock was moving in a downtrend from a long time,
but now , this stock was moving in a fixed pattern called ASCENDING TRIANGLE PATTERN
at present , this stock has crossed it's RESISTANCE
and taken SUPPORT
as you can see that ,
on previous day , this stock has made a long GREEN CANDLE
and today , this stock has made a candle called DOJI
which has taken SUPPORT on its RESISTANCE
THERFORE , in my opinion you can buy this stock and get high returns ,
I HAVE MARKET THE TARGET AND SL
TO MAKE IT EASY FOR Y'ALL
BUT PLS CONSIDER THE GLOBAL MARKET SITUATIONS
1, INFLATION
2. WAR
3. RISING BANK RATES
4. RISING DUTIES OF CRUDE OIL EXPORT
AFTER CONSIDERING THIS SITUATION
YOU CAN BET ON THIS STOCK
DR REDDY LABS
😀😀
DRREDDY LEVELS...W Candle (27.06.2022)DRREDDY now forms bullish hormonic pattern and breaked trend line ,so we expect 4600-4800 in mid term
Dr Reddy's Double BottomRepiston as chart missing in old study.
Double bottom & Breakout from is major resistance.
Dr.Reddys Double BottomDr. Reddy's laboratories Ltd formed double bottom pattern and given breakout to is major resistance level.
Shorting in DRREDDY in REDDY stock shorting opartunity has came once again according to my analysis target-3738 sl-4150
My view on DrreddyDrreddy forming inverse HEAD & SHOULDER pattern.Looking Target 4500-4550-4600++ very soon.
