Dr Reddy's Lab has formed a long-term Cup & Handle pattern and has reached a resistance level. A breach of this resistance shall entail a rise in price level by another INR 1500 from current levels. Let us keep track of it. #drreddylab #drreddy #drreddy'stechnicalstudy #drreddy'scup&handlepattern #drreddy'spricelevel #drreddy'slabpricetarget
The Company had posted extraordinary result as well as giving breakout on charts. The Pharma index also on the verge of breakout after long consolidation. Overall, a good buy in short term on can go for the above mentioned levels even in futures also.
Dr Reddy's Laboratories Ltd (DRL) is an integrated global pharmaceutical company, committed to providing affordable and innovative medicines for healthier lives. Through its three businesses - Pharmaceutical Services &Active Ingredients, Global Generics and Proprietary Products. Dr Reddy's began as a supplier to Indian drug manufacturers, but it soon started...
This stock is trending upwards from long time. now price is given us retracement and it is near its demand zone, where a strong rise is observed from this place. look here for buy, strong rejection to is observed to bottom side.
the stock is now at its resistance zone, where previously a strong selloff is observed from this level. Keep track this level for sell side...we have support at 5100 levels, if this breaks a strong fall is observed.. keep on buyside until this breaks and retest.
Observations:: ------>> we have detected that the stock is in the form of Head and Shoulders Pattern. ------>> If the demand zone @4600 acts as resistance, will go for sell below left shoulder rejection level, for the target of 4400 and 4200 levels. ------>> We have a great support @4200 , indicating a bullish gap + continuation to upside. ------>> look for...
Hi everyone lucrative opportunity created in drreddy already creaated but I am late to post
Dr reddy Up side Target 5335/4950 down side Target 3930/3385 Like, Share, Comment for regular updates. Disclaimer I am not sebi registered analyst My studies are Educational purpose only Please consult with your Financial advisor before trading or investing I may be 100% wrong as its my personal trade.
*DR REDDYS LABS* Time Frame: Daily Observation: * Falling Wedge Pattern Breakout * Mean (EMA) Diversion On Hourly Time Frame Resistance/Target: 4612 4931 5077 Support: 4055 3789 3654; Dynamic Support at EMA 200.
Dr. reddy currently at a very crucial point. It is a make or break level.. If it falls can give a great breakdown and if it rises one can add it for some long term gains of around 1000+ points. Trade safe. Manage risk. Be profitable. Please follow us for more simple trading analysis and setups. Also let me know in the comment in case you have any...
I would not be able to able to explain this chart this time but according to me the chart looks pretty self explanatory. Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding. Any comments and critiques will be...
DRREDDY on weekly charts macd divergence and double top , book profits and wait for few years for good price.
Dr reddys lab. The stock has completed running flat pattern in wave 4 at the weekly lower bollinger band, also weekly oscillator stochastic has completed its pullback cycle at oversold zones and now it has done positive crossover. the wave structure is suggesting the start of the larger degree wave 5, as wave 5 unfolds, the price can attempt to go higher towards...
Buy Dr Reddey Target 🎯 5000 it is recently trading at its support and thatwhy I have given target major Resistance.
DrReddy has given a good Breakout One can go Long with mentioned levels in chart Hourly time frame chart pattern Key Levels MACD pco DMI ADX UNGALI POSITIVE RSI above 76 Upper Bollinger Challenged by PRICE Breakout candle with Good Volume Disclaimer I am not sebi registered analyst My studies are Educational purpose only Consult with your...
I have also talked about this stock in my previous post, and since then this stock has been trading in a small range near its all-time highs. The reason I am interested in this stock is that every time it came to the lower end of the range, it bounces decisively, though whenever it reaches its upper range, it falls with low momentum and usually forms indecisive...
5100 -5070 - Super support levels given happy trading....
Dr reddy has a clear Chance of upward breakout