DRREDDY INTO BEARS WARD ???!!!!

2023年1月11日

Chart pattern depicts the situation clearly

REASONS

1. DRREDDY has been trading in an Ascending channel respecting the levels perfectly.
2. In Monthly timeframe, DRREDDY has given a Breakdown out of the 5 Year old trendline Support(White coloured)
3. Now, it is going through a Downswing(Descending Channel) inside the Ascending channel


4. Right now in Daily timeframe, it is Consolidating tightly in form of a Rounding Top.


5. Target & SL levels mentioned @ chart.

Safer SL - Day close above 4500

Let's wait and watch how it moves!!!!

Note - Just Sharing my view....not a tip nor advice!!!

2023年1月23日

注释

Very narrow range!!! We can expect a big volatile move!!!
Also there is H&S in 1 hr timeframe!!!

2023年1月24日

注释

h&s breakdown with good volume support!!!
4240 can be 1st target!!!

2023年1月26日

交易开始

Above said ,h&s target achieved!!! with expected volatility

In daily timeframe , H&S alike pattern breakdown again!!!

2023年2月28日

交易开始

setup intact!!!