Inverted head and Shoulder patternInverted head and shoulder pattern identified in Drredday. mentioned all parameters.
DRREDDY trade ideas
DR REDDY - Range breakoutDR REDDY - Range breakout
One can go long with a SL of 50 ema.
Expecting decent upside with few weeks of holding.
Monthly Cup and Handle in DRREDDY Cup and handle formation in monthly time frame can be a huge rally when crosses 4500 as the OI build up may cover their shorts... Targets can be seen 4900,5200
Dr ReddyDr Reddy Consolidating in Short Range since last 6-7 Trading Session.
On Break out of this Range and Daily closing above 4390-4400 may take this stock up to 4600-4700 Levels soon.
My view on DrreddyDrreddy forming inverse HEAD & SHOULDER pattern.Looking Target 4500-4550-4600++ very soon.
DRREDDY sell for intraday tradingDRREDDY sell for intraday trading if stock and pharma sector also weak then we will short the trade.....
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DRReddy buy for intraday tradingDRReddy buy for intraday trading if stock and pharma sector also bullish then we will buy the stock...........
DRREDDY Sell for intraday tradingDRREDDY Sell for intraday trading if stock and pharma sector also weak.......
DR. REDDY WEEKLY CHART viewDr. reddy currently at a very crucial point.
It is a make or break level..
If it falls can give a great breakdown and if it rises one can add it for some long term gains of around 1000+ points.
Trade safe. Manage risk. Be profitable.
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Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades.
DRREDDYNSE:DRREDDY
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Dr. reddy looks ready to continue its uptrend if....The chart is pretty self-explanatory.
A buy can be initiated on a bullish signal from the next day's candle.
The reasons are mentioned on the chart itself.
DISCLAIMER: The ideas are merely for educational purposes. Please consult your financial advisors before taking any trade. Trade at your own risk.
DR.REDDY SWING TRADE
Buying opportunity in drreddy
FOR SWING TRADE AS SHOWN NOW IT MAKE DOGI CANNDLE AND IT MAY MOVE UP SIDE ACCORDING TO MY STUDY YOU CAN REFER IT
DRREDDY BUyDRREDDY BUy for day trading if stock and PHARMA Sector also bullish then we will buy the stock.....
DRREDDY ANALYSISTrendline Breakout plus Golden Fib-Level(0.618) broken
CMP: 4907
Resistance Zone:4908-4940
Upside Targets:4996-5012
Support Zone:4762-4836
Below this zone DRREDDY is weak
Dr reddy levels Short DR reddy at 5370 or buy PE with SL at 5628 which isnt coming or we can sell the 5700 CE when price comes at 5370
DR Reddy Looks GoodBO candle is very Good
Delivery Quantity 4.8X
Making Higher High for Three days
Increasing RS
Close above last week High
Aggressive New Long
RDY - Triple Top SetupCould be bullish or break through top. Wait for candle to close above for breakout.
DRREDDY for 5000DRREDDY for 5000
Flat target are 5000 but it will xtend in zigzag by 1.38 of wave A.
A analysis that everyone needJust follow PRICE ACTION that's it.
only trade on your own risk.
We are not SEBI registered.
