pushpitchhabra93

Dr Reddys Bullish Divergence

Long
NSE:DRREDDY   DR REDDYS LABS
Dr Reddy's is showing a Bullish Divergence on Daily Time Frame.

Breakout levels are marked in Yellow for Long and Short.

The Stock may go up by 7% from the current levels.

Recently Dr Reddy's has also had a definitive Agreement with Citius Pharma for the sale of its entire right of investigational anti-cancer agent and some related assets.

Under the terms of the agreement, Dr Reddy's will receive US$40 Million Upfront upon closing of the transaction.

Breakout level 5000 if sustained for more than 1 hr will take the stock up till Target 1 - 5147 Target 2 - 5300 or may also test all time High or above.

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.