Drreddy has been repeatedly testing an important resistance level of 4400. Forming a double bottom, Drreddy has established a good base & is now ready for breakout above 4400. Trade is as follows.
Entry 4365 SL 4239 Targets 4644, 4796.
Please trade according to your risk appetite. Once in the trade, enter SL first. Happy Trading!
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TRADE NOT TRIGGERED. VIEW NEGATED AS LEVELS BREACHED