DR REDDY - BROKEN RESISTANCE#LEVELSDONTLIE
JUST SEE THE BEAUTY OF LEVELS, HAD SHARED THIS CHART ON 11TH AUGUST, AND FROM THERE IT TOOK A MONTH TO CROSS OUR LEVELS. IT ALMOST RETRACED 300 POINTS MORE THAN WHAT WE EXPECTED.
AND NOW WHEN FINALLY IT HAS BROKEN, JUST LET IT SUSTAIN OVER 4675, AND IF IT DOES, THEN ITS GOING TO CHALLENGE ITS ALL TIME HIGH OF 4758 AND MAYBE EVEN SCALE NEW HEIGHTS LIKE 4850 OR 5000 IF LUCKY .
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Hi all,
Its pleasure to have you all here.
I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side.
Few Honest Disclosures:
1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please
do your bit of research.
2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all.
3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity.
4. To trade in Cash, options or futures is your sole choice and your own risk
5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results.
6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts.
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R1DY34 trade ideas
Dr reddy M/W/D demand zone 4150-3944Dr reddy M/W/D demand zone 4150-3944
PRo:
1. 2 exciting candle in Execution (daily)
2. Co insiding monthly, weekly and daily
3. Just above Monthly demand zone
4. Good structure of Location (Monthly) demand zone
5.Pharma sector is in uptrend, so if any small corection, it can be an oppurtunity
cmp: 4505 21 Aug 2020 . price is other end of the monthly , so need to wait few weeks to get entry probably
DR REDDYNSE:DRREDDY
THE TIMEFRAME USED IS QUITE SMALL, CAREFUL BEFORE TRADING
4550 SEEMS TO BE A SUPPORT
IF BROKEN, DOWNSIDE LEVELS WILL 4490, 4444 AND BELOW THAT MAYHEM TILL 4340
TRAIL YOUR STOPS AND TRADE CAUTIOUS, ILLIQUID SCRIPT
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Hi all,
Its pleasure to have you all here.
I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side.
Few Honest Disclosures:
1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please
do your bit of research.
2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all.
3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity.
4. To trade in Cash, options or futures is your sole choice and your own risk
5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results.
6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts.
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