ParimalDevnath

DrReddy, 200DMA

Long
NSE:DRREDDY   DR REDDYS LABS
This is one more stock in Pharma segment which is showing sign of trend change. Chart speaks volumes. Earlier times also it faild to hold above 200 DMA and crashed. At present times, the difference is formation of a support base and then moving up to cross 200 DMA. Keep a close watch at 200 DMA.
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