DRREDDY trade ideas
drreddy inverted head & shoulder pattern breakoutthere is inverted head & shoulder pattern breakout in dis stock for long entry....
Dr Reddy LabsTrading at the top of the structure and that too in a corrective nature. Selling opportunities likely after we break the ST trend line.
BUY DRREDDY (Dr.Reddy's Laboratories Ltd) ABOVE 2916BUY DRREDDY (Dr.Reddy's Laboratories Ltd) ABOVE 2916
DRREDDY (Dr.Reddy's Laboratories Ltd) BUY ABOVE 2875DRREDDY (Dr.Reddy's Laboratories Ltd) BUY ABOVE 2875
Dr Reddy Short for 2460 levels. Weekly Resistance at 2960 levelsDr Reddy Short for 2460 levels. Weekly Resistance at 2960 levels
DRREDDY (Dr.Reddy's Laboratories Ltd) SELL BELOW 2746DRREDDY (Dr.Reddy's Laboratories Ltd) SELL BELOW 2746
DR REDDY's Trying to break out from triangle formation... ALso movement is confined to a box
Need to wait for breakout.
DR Reddy (Head and shoulder pattern)We can see a head and shoulder on Dr Reddy's 15 min chart which calls out for a bearish trend.
We might see the stock at 2500-2450 levels in the coming days.
