DrReddy - Trendline trade
1. The Previous uptrend happened with Incremental Volume
2. The correction happened in low volume
3. Now it's in a support area 4650.
4. It should break the downward slanting trendline with high volume.
Current Close - 4670
Buy above 4950
Stop Loss - 4540
Target - 5502/6000
This idea is invalid once it breaks the support zone and closes below i.e. 4500
2. The correction happened in low volume
3. Now it's in a support area 4650.
4. It should break the downward slanting trendline with high volume.
Current Close - 4670
Buy above 4950
Stop Loss - 4540
Target - 5502/6000
This idea is invalid once it breaks the support zone and closes below i.e. 4500
Transaction en cours
Last price- 4832It's again in the supply zone. Let's see if it falls down from here. Or breaksout from the trendline.
Transaction en cours
Last Price: 4908Closing above 4950 in a weekly timeframe would be positive for the stock.
Transaction en cours
The stock moved up above 4950. Let's see if it closes above it for the day.Transaction en cours
Last Price - 5228A very wide candle with more than average volume.
A very positive price action.
Nearing our first target of 5500.
Clause de non-responsabilité
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