Dr.Reddy - Bullish Flag/Pennant Breakout Long

NSE:DRREDDY1D

DR REDDYS LABSNSE

Description

⋅ Oct 5, 2020 4:24 PM

Dr.Reddy is on the verge of Bullish Flag/Pennant Breakout and looks good to make a new all-time high.

Trade active

⋅ Oct 7, 2020 10:37 AM

Dr.Reddy still going range bound. Close below 5100 levels may not be good.

Trade closed manually

⋅ Oct 20, 2020 8:15 AM

Still Range-Bound but Closed below 5100, so i took an exit. Will go long again if it closes abv 5200 levels.

Trend Analysis Chart Patterns

Comments

sckjaveed

⋅ Oct 9, 2020 7:15 AM

What view your on reddy's today OCT 9? long or short

Axay1111

⋅ Oct 9, 2020 7:20 AM

@sckjaveed, Sir, it is still range-bound. All depends on close. Consecutive closings below 5100 will make the entire idea void. I am trading with strict sl

Saeed966

⋅ Oct 5, 2020 4:35 PM

Good job