Dr Reddys lab view
Mis à jour
CMP 2198
Dr Reddys lab has given a nice breakout and the stock can be heading higher over medium term
Buying on dips can be considered
Targets
2320 / 2403 / 2520 / 2600
Immediate support around 2160
Stop below 2100
Do review your trading plan and
plan your trade accordingly
Take care & safe trading...!!!
Dr Reddys lab has given a nice breakout and the stock can be heading higher over medium term
Buying on dips can be considered
Targets
2320 / 2403 / 2520 / 2600
Immediate support around 2160
Stop below 2100
Do review your trading plan and
plan your trade accordingly
Take care & safe trading...!!!
Transaction en cours
We have got the dip we were looking for....Dr Reddy came down and has tested its breakout zone
Transaction en cours
We entered when Dr reddy gave a dip at 2140.Cmp 2245.
Now as a hedge strategy we buy dr reddy 2200 put option at 40.
Now we continue to hold our position for upside target of 2400+ in peace without any worry at all.... :-)
As the strategy will ensure profitability below 2160 through put option thereby locking a minimum profit of 200* 20 ie. rs 4000 even in worst case situation imaginable
happy trading...!!!
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