Text me if you have any questions/comments for me.
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RDY
- Previous analysis was done on 6 Oct -> suggested waiting for successful rebound at around 3.50 levels before plotting entry
- Since then, the stock has nicely rebounded to form a doji today at 3.50
- The strong volume on 8 Oct bodes well for the short-term momentum of the stock
- R is less than 10%
- Strategy-to-buy (DYOR) – Suggest entry at current levels if believe the stock is capable of forming new all-time highs
-----
RDY
- Previous analysis was done on 6 Oct -> suggested waiting for successful rebound at around 3.50 levels before plotting entry
- Since then, the stock has nicely rebounded to form a doji today at 3.50
- The strong volume on 8 Oct bodes well for the short-term momentum of the stock
- R is less than 10%
- Strategy-to-buy (DYOR) – Suggest entry at current levels if believe the stock is capable of forming new all-time highs