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...
Buy DR REDDY Setup - 6.4% gain (September 2020)
Overall Strong Uptrend Move . Previous 6 Days Price Stucked In A Range Formed Inside Bar 5 Candle Close In It . ADX Above 25 +DI Above -DI Buy Above :- 4080 (Aggressive) , 4128 (Conventional ) Sl :- 3950 Target :- 4310-4390 Trail Your Sl And Try to Ride the Big Rally . Happy Trading .
Dr. Reddy's is showing traction on upside immediate target seems to be 4100+ Buy 4080 CE