DR Reddy's - Bullish Head n Shoulder Pattern
Güncellendi
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
İşlem aktif
İşlem aktif
After touching a strong support at 2705, it is coming up steadily.İşlem aktif
Stoploss revised to 2665İşlem aktif
İşlem aktif
It is trending up and the final revision of SL 2650. Just sit tight, it shall rebounce.İşlem aktif
Coming back steadily, now Reddy Ready to boost.İşlem aktif
İşlem aktif
Firing upİşlem aktif
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. İşlem aktif
Breaking resistance zoneNot
Reddy Ready to boost this time.İşlem aktif
İşlem kapandı: hedefe ulaştı
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
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