Dr Reddy's Double BottomRepiston as chart missing in old study.
Double bottom & Breakout from is major resistance.
R1DY34 trade ideas
Dr.Reddys Double BottomDr. Reddy's laboratories Ltd formed double bottom pattern and given breakout to is major resistance level.
buyertomorrow market may be goes to buyer side because drreddy retest and makes green candle and also nifty has buyer momentum
DRREDDY Daily Bullish GARTLEY Earlier Pattern given good reaction on Type1 entry & hit Target 1
now price again came into PRZ Zone of Pattern it becomes a TYPE2 Entry which is REVERSAL
Price need to follow GREEN TREND LINE and hit Target 1 & 2 , else if Price BREAKS RED TREND LINE is EXIT
POTENTIAL BUY
DRREDDY WEEKLY Bullish Bat
Price need to follow GREEN TREND LINE and hit Target 1 & 2 , else if Price BREAKS RED TREND LINE is EXIT
POTENTIAL BUY
DRREDDY sell for intraday tradingDRREDDY sell for intraday trading if stock break the given descending triangle pattern downside............
DRREDDY sell for intraday tradingDRREDDY sell for intraday trading if stock and PHARMA sector also weak then we will short the stock...........
DR reddys - EW - next leg up should be strongAssumed EW structure on DRL is bullish
The decline is on low volumes. SL will be recent swing lows around 3600
Shorting in DRREDDY in REDDY stock shorting opartunity has came once again according to my analysis target-3738 sl-4150
DRL - Long for potential 20-30% returnsThe recent bounce from around 3600 corrected to 50%. Stock has tried to hold that. if held, next wave should target 4800+ zones and fast. Buy
DRREDDY sell for intraday tradingDRREDDY sell for intraday trading if stock and PHARMA sector also weak then we will short the trade.............
DRREDDY buy for intraday tradingDRREDDY buy for intraday trading if stock and PHARMA sector also strong then we will enter in trade.......
DRREDDY buy for intraday tradingDRREDDY buy for intraday trading if stock break the pattern upside.............
DRREDDY buy for intraday tradingDRREDDY buy for intraday trading if stock break the decending triangle pattern upside then we will enter in stock............
Inverted head and Shoulder patternInverted head and shoulder pattern identified in Drredday. mentioned all parameters.
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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