v_sadanand

Top resistance breakout-Dr.Reddy's

Long
NSE:DRREDDY   DR REDDYS LABS
Dr.Reddy's has broken its top resistance zone and is bullish throughout the day. It is a good opportunity for the astute investors who are looking to accumulate it. The fundamentals have been very strong. It has posted a record rise in revenues in recent financial reporting, cleared lawsuits in the launch of generic drugs and is a top choice for diversification of portfolio. Clear confirmation signals from MACD, RSI and Slow Stochastics as well.

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