Dr. Reddy's Lab - Power of bulls.

After a huge erosion of market capitalization of about 20% from all time high in DRREDDY along with a significant correction in CNXPHARMA , it looks like DRREDDY is getting itself ready for a bounce back to hit the previous resistances.

DRREDDY is travelling in a parallel channel and right now, it is taking support over T2 while beating the bears and forming dragonfly doji candlestick in 1 week timeframe.

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