Dr Reddy Consolidation 1 year and breakoutHi everyone
lucrative opportunity created in drreddy
already creaated but I am late to post
R1DY34 trade ideas
Dr Reddy Idea for buyingHi buyers
dr reddy created best weekly breakout you can plan trade in 4 hour time frame rto reduce small Stop lose
enjoy profit
dr reddy short sellOverall in weekly and monthly it is bullish.
It's away from the moving averages.
It is suggesting a breakout which is a fakeout as it does not correlates with the moving averages.
the target should be 60% fib retracement which is 4520 appx.
then it should have a target of above 4700.
Let's se if it happens. if i can understand what i have learnt in all these years.
cheers,
Manu
DRREDDY - Weekly AnalysisIn the Weekly Chart of DRREDDY ,
we can see that, finally it has given a Breakout.
Let it retest and then enter with SL.
Dr Reddy Labs VCP PatternVolatility contraction pattern on dr reddy weekly charts,
Ascending triangle breakout
High Buying volumes
7% Tp 1
DRREDDY.... BULLISH. - Healthcare and Pharma SectorNSE:DRREDDY
This stock is fundamentally at ALL TIME HIGH but its PE at the lower band......
stock taking support of the major trendline (RED)
if it breaks 4615 level in WEEKLY TIMEFRAME with strong volume, then it can show a massive rally.
this is all for educational purpose, not a stock recommendation for trading.
invest at your own risk.
DR. REDDYS LABTHE IDEA WILL BE ONLY FOR STUDY PURPOSE .
wait for the breakout till then keep your eye on the stock .
DR REDDY Dr reddy
Up side Target 5335/4950
down side Target 3930/3385
Like, Share, Comment for regular updates.
Disclaimer
I am not sebi registered analyst My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
I may be 100% wrong as its my personal trade.
DRREDDY - Weekly AnalysisIn the Weekly Chart of DRREDDY ,
we can see that, it can now decide the trend and flow of it.
Lets see in which direction will it take the move.
DR Reddy PUT side successOur forecast was 3% move in Dr Reddy. We did not have a specific view but yes levels were provided. as said, we got our 3% move.
DR REDDYS LABSThis stock has created many resistance and two supports recently. A good sell below it's 1st support which is 4355.90 for target of 4298 and a good buy is above the resistance 4439.45 for a target price of 4504.1
Trade wisely, at your own risk appetite.
Good luck, Jai hind.
Range Break out in Dr Reddy LabsDouble Inside Candle formation in Dr Reddy Labs.
Break out should be caught well. May give a good RR trade.
Please consult your financial advisor before investing. This is for educational purpose only
DRREDDYDrreddy made ascending triangle pattern on 30 min TF & trying to trade above 4380( triangle breakout & multiple resistance zone) with decent volumes.
Could be bought with mentioned stoploss & target.
Trading in range good momentum possibleNSE:DRREDDY
trade on breakout side rectangle pattern breakout
DR REDDY LABHey traders This healthcare stock is making Ascending triangle pattern on Weekly timeframe chart
Resistance zone is 4615 (+-20) levels
Support zone is trendline
where strong support zone is 3650 zone.
#DRREDDY Weekly Major Support & Resistance Levels.Providing Weekly Support and Resistance levels for next coming week based on Central Pivot Range and its major support & resistance levels of week, where price can take support and face resistance. Three black lines indicating weekly Central Pivot Range. Previous week high & low also performs as a major support and resistance levels. Can take long & short positions according to how price perfoms at particular given support & resistance levels.
Is Down Trendline is going to be Break? - DRREDDYDRREDDY - Earning Results is going to be released on 28 October.. Is Strong Down Trendline is going to be Break?
If Trenline has been broken with volume then succefully then we may witness nice rally, this is my opinion.
What Do You Think?
DRREDDY Buy for intraday tradingDRREDDY Buy for intraday trading if stock break the given resistence level..........
