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nikhilgodhani
Oct 12, 2020 7:29 AM

symmetrical triangle pattern in DRREDDY.... 

DR REDDYS LABSNSE

Description

Above 5260--5510-- and more
below 5056--5000--4810
i will prefer bullish trade as structure is bullish
sitting above all important moving average in daily timeframe
currently under consolidation phase

Comment

Downside target achieved but look at tails of both candle clearly indicating demand of stock at support of 4800

Trade closed: target reached

5056 to 4810( almost 6%)
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