UPDATE ON DRREDDYMajor resistance at 239 if take an support at 240 ...first...strong upmoveby rahulsingh995321
DrReddy, 200DMAThis is one more stock in Pharma segment which is showing sign of trend change. Chart speaks volumes. Earlier times also it faild to hold above 200 DMA and crashed. At present times, the difference is formation of a support base and then moving up to cross 200 DMA. Keep a close watch at 200 DMA. Longby ParimalDevnath1
MY new setup..still working on price time relationshipcheck it out...if u find useful.lemme knw..if u want to add or edit something..punce some keys in the comment section by rahulsingh99532Updated 221
DRREDDY 15 min chartsafter formation of an "V"....small channel ..then small channel broke itself...seems as if there is an formation of a bigger channel..which can take drreddy to an tgt - 2051...1963 has acted as an good support and resistance many times...however if 1963 breaks ..my view turns bearish with an tgt of 1894. by rahulsingh99532Updated 3
drreddy 15 min anylsisafter formation of an "V"....small channel ..then small channel broke itself...seems as if there is an formation of a bigger channel..which can take drreddy to an tgt - 2051...1963 has acted as an good support and resistance many times...however if 1963 breaks ..my view turns bearish with an tgt of 1894. by rahulsingh995321
if 1965 level breaches if 1965 level breaches u can sell a down fall of 30 points is excpectedby kchaurisiya592
DRREDDY ShortOne can short drreddy below 2055 keeping stop loss of 2091 , 1st target is 1995, 2nd target is 1946.. one can also buy april 2000 put around 45-50.... just my view. do it on your own risk.......Shortby bobbykohliUpdated 1
DRREDDY buybuy call has been generated , one can buy above 2175 keeping stop loss of 2090, 1st target can be 2218, 2nd target can be 2262. ... do it at your own risk......Longby bobbykohliUpdated 0
Dr Reddy interesting to watch above 2245Dr Reddy broke cloud resistance and now on verge of Double Bottom pattern break out above 2245.Longby sanstocktrader1
DRREDDY Bear Flag or slow buildup or new uptrend!DRREDDY Bear Flag or slow buildup or new uptrend!by Sachinsyd0
DRREDDY pivot pointDRREDDY pivot point.. Get clue from pharma sector .. worth a contrarian buy as overall market about to go risk off for coming months. Look for false break to 2200 where gap exist from 8 Decemberby SachinsydUpdated 1
#DRREDDY BUY SETUP There is no consistency in the concept of Buy Low, Sell High. If you want to be successful in the markets you must Buy High, Sell Higher...Longby muniraj1964Updated 3
#DREDDY BUY SETUP NOW *******************DAILY FINANCIAL WISDOM: "A year from now you will have wished you had truly started learning to trade today..."Longby muniraj19642
DRREDDY - Bullish Engulfing - BUY SETUP ABOVE 2414Reward 1 - 2451 Reward 2 - 2459 Risk - 2272Longby SpSenthilUpdated 1
Indian Pharma Sector Stocks - It Is All About RotationSo what's ailing Indian Pharma sector stocks? Those who really looked like on steroids are suddenly behaving like they have swallowed over dose of laxatives. Few environmental changes are to blame, 1. ) Rotation Yes folks, those who rode it from Rs. 100 a stock to 1500 are taking profit and putting that money to some other sector where they believe market it going to perform well. Look at Reliance, a single stock has gobbled up many thousand crore in its rally. From where that money came to buy such stocks in other sector? Of course some from new gullible SIP investors ( more on that in upcoming post :) ) etc and some from rotation. 2. ) Change In Tone of Governments Still it's difficult to justify the quantitative effect on Pharma stocks but certainly this is also a factor which will keep on weighing the stocks in future. Many countries are being rhetoric about fixing the drug prices and that is headline risk as well as bottom line risk. 3. ) Too Much Good Has Been Priced In How much is too much?! ;) That question is never going to have perfect answer in stock market because it's all about psychology. But in general, when anybody look at the chart and say, wow what a rise of few hundred or thousand percent gain ! then it is time to be cautious. Because even though fundamentals are supportive for such rise, market needs confirmation and will wait to digest such meteoric rise. We had great trades in Pharma stocks like, Dr Reddy Cipla Glaxo Lupin Auropharma Divis Laboratories etc.. But now it is time to pause and let them collapse until they become attractive again ! by BombayBulls5
DRREDDY LOOK BULLISH IN MEDIUM TERM -27/7/2017DAILY FINANCIAL WISDOM: Amateur traders focus on rewards. Professional traders focus on risk..by muniraj1964Updated 0
BUY SETAP NOWDAILY FINANCIAL WISDOM: "If you always do what you've always done, you will always get what you've always got...."Longby muniraj1964Updated 7
DR REDDYS LAB LONG TARGET 2900 TO 3000inverted head and shoulder in dr reddys lab, in the rise of nifty, pharma stocks are left behind will drreddy lab cover the back log. likely to go for targets of 2900 to 3000 in around one month.Longby kaustubh1532
near long term bottomnear long term bottom...risk reward ratio makes it a better choice for positional traderLongby mk.71502
Looks like the stock is headed higherLooks like the stock is headed higher. The volume is slowly picking up..looking for target of 3100 and more.Longby viraj21283Updated 2
Classic ABCD pattern in DRREDDYNSE:DRREDDY Classic ABCD pattern has formed in daily chart of DRREDDY. The C point has formed at 0.62 and CD has formed at 1.56 of "BC". Bullish Entry can be made at 2990 for a target of 3250. SL 2960. www.tradingview.comLongby vijayakumar_s3