rJ68263746

Drreddy - Elliott wave analysis - Double top formation

Short
NSE:DRREDDY   DR REDDYS LABS
It ended with truncated ED structure resulting in sharp fall as wave A, which is about to finish soon. Wait for bounce of B wave to short sell for C wave down. It form the double top pattern, but need to confirm the neckline break after correction. The target zone will be 3850.

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