It is been observed on the daily chart that the price action forms an inverse Head N Shoulder pattern, indicating a positive and bullish move ahead.
Target 1: 2770
Target 2: 2810
Stoploss: 2690
Target 1: 2770
Target 2: 2810
Stoploss: 2690
Transaction en cours
Transaction en cours:
After touching a strong support at 2705, it is coming up steadily.
Transaction en cours:
Stoploss revised to 2665
Transaction en cours
Transaction en cours:
It is trending up and the final revision of SL 2650. Just sit tight, it shall rebounce.
Transaction en cours:
Coming back steadily, now Reddy Ready to boost.
Transaction en cours
Transaction en cours:
Firing up
Transaction en cours:
As requested by many traders on email, here is the current chart of Dr Reddy's, it is been consolidating between a range as marked in the chart. Once it breaks above resistance zone or breaks below support zone then we could see a fast momentum in the stock.
Transaction en cours:
Breaking resistance zone
Commentaire:
Reddy Ready to boost this time.
Transaction en cours
Trade fermée: cible de profit atteinte:
It is been a week of consolidation and holding, and now eventually we reached our target successfully only by following the golden rule of trading "Sit tight". Thanks