ReeAishw

DR REDDY LOOK OUT FOR THESE LEVELS!!!

NSE:DRREDDY   DR REDDYS LABS
ALL THE LEVELS AND PATTERNS ARE MARKED ON CHART, RED ZONES DENOTES SUPPLY ZONES AND GREEN IS FOR DEMAND ZONE .
COMPLETED 0.786 RETRACEMENTS AND GETTING SUPPORT FROM 100 EMA IN LOWER TIMEFRAME. CAN BUY NEAR 5310, IF PRICE IS SUPPORTED.


The indicator used:
1) Daily Lines plots Daily 20 (BLACK) & 50 EMA (GREY), BLUE (200 DAILY EMA ) on lower time frame charts. - NOT ACTIVATED HERE
2) TE-REKAB - PROPRIETARY INDICATOR
KEYS:
PB : PULLBACK
BLUE CANDLE : SELLING DIVERGENCE
YELLOW CANDLE : BUYING DIVERGENCE

If you like the analysis, do leave a like and follow for more such content coming up.
The analysis is my POV, hope you got bucks in your pocket to consult a financial advisor before investing :P :)

HAPPY TRADING!!!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.