DR REDDY's Stock Bullish ConfirmationDR Reddy's Stock has broken out of the trendline resistance.
This is our bullish confirmation.
However, I do not take take trades only on chart patterns, so Iam using the Risological indicator here for additional trade confirmations.
You can see the Risological indicator has given us a clear BUY signal and the trend has changed to bullish (green background).
I am going to buy this stock once the market opens tomorrow morning and close as per the reversal on the indicator.