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ReeAishw
Dec 8, 2020 11:09 AM

DR REDDY LOOK OUT FOR THESE LEVELS!!!  Long

DR REDDYS LABSNSE

Description

ALL THE LEVELS AND PATTERNS ARE MARKED ON CHART, RED ZONES DENOTES SUPPLY ZONES AND GREEN IS FOR DEMAND ZONE .
GAVE A BREAK OUT FROM TRIANGLE AND RE TESTED THE SAME TRENDLINE TO BOUNCE BACK. BUY AT 4980; 4980-4960 IS A HUGE SUPPORT LEVEL AND PRICE HAS ALREADY RETESTED THE LEVEL.

The indicator used:
1) Daily Lines plots Daily 20 (BLACK) & 50 EMA (GREY) on lower time frame charts
2) TE-REKAB
- PB : PULLBACK

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!!!
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