meharsidhu

DRREDDY - Long

Long
meharsidhu Mis à jour   
NSE:DRREDDY   DR REDDYS LABS
Grandfather, Father & Son Strategy
RSI above 60 for Grandfather (Monthly time-frame) & Father (Weekly time-frame)
RSI taking support on 40 for Son (Daily time-frame)

Support of Hammer on 20 March 2024 didn't break.
(Entry) Hammer Confirmation (Weekly) Above 6211
(Proper SL) SL will be low of hammer (Weekly) below 6034
(Lower SL) If the SL is too much you can use the SL of BeltHold Candlestick on Daily 28 March -- 6078
(Profit Level 1) 6342
(Profit Level 2) 6450

Commentaire:
SL HIT... I believe I should've put more tolerence in the trade...

Fundamentally it still looks very good point to buy
Technically, it's still taking support at current level of (6000-6030)
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.