Are you waiting for some movement for DRREDDY? Here is an echo from the time cycle, and we are bullish for 10th Dec (plus minus one day). Thank You
Dr Reddy had a breakdown from the flag pattern it formed after huge upwards movement and filled and the gap and also consolidated in the range. Last three closing have respected 9 DEMA and a closing above 4875 would mean respect for 21 DEMA also. The stock shall take significant upmove on closing above 4875.
DRREADY IS IN BULLISH WOLFE WAVE CMP 4735 FOR 4958/5110/5320/5475 VIEW INVALID BELOW 4550 Comment: 4886 FROM 4735
ALL THE LEVELS AND PATTERNS ARE MARKED ON CHART, RED ZONES DENOTES SUPPLY ZONES AND GREEN IS FOR DEMAND ZONE . BUY NEAR 4885 FOR TARGETS OF 4962/5000/5040 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...
NSE:DRREDDY has been in positive trend with a higher high and higher low. Once again it has taken support of the lows made last week and bounced back well. I personally pefer going long above 4900 for a target of 5300-5500. Use trailing stop loss once entered.
Summary of behaviour of nifty & banknifty & other stocks after US election voting count as on 4th november 2020.
This analysis is purely based on price action. Analysis is done on daily TF hence it may take several days to couple of weeks to reach its target. Traders can also take advantage of this analysis in intraday trades. Trade Strategy along with logic is explained in video itself. Always plan your trade & trade your plan Keep trailing SL accordingly once entered...
This analysis is purely based on Price Action and Chart Patterns Target may reach in intraday trade or in a couple of days. Trade Strategies are shared in image itself with proper Entry level, SL and Target level *Trade on your own risk and money management* Feel Free to comment for any queries or suggestions
Dr Reddy's - 5220/ 5278 by 6th Oct
Here stock make new support area so with SL of support we can long on it.... Personal advice:- SL :- 4950 Limit :- 5800 Note :- Do not go with my advice , study a trade ! Hello i am Zeel Goswami, Here on my profile you can get best positional & swing trade So you can follow me for bullish ideas Thank you
Buy DR REDDY Setup - 6.4% gain (September 2020)
Dr reddy M/W/D demand zone 4150-3944 PRo: 1. 2 exciting candle in Execution (daily) 2. Co insiding monthly, weekly and daily 3. Just above Monthly demand zone 4. Good structure of Location (Monthly) demand zone 5.Pharma sector is in uptrend, so if any small corection, it can be an oppurtunity cmp: 4505 21 Aug 2020 . price is other end of the monthly , so need...