DR Reddy's - Bullish Head n Shoulder Pattern
Actualizado
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
Operación activa
Operación activa
After touching a strong support at 2705, it is coming up steadily.Operación activa
Stoploss revised to 2665Operación activa
Operación activa
It is trending up and the final revision of SL 2650. Just sit tight, it shall rebounce.Operación activa
Coming back steadily, now Reddy Ready to boost.Operación activa
Operación activa
Firing upOperación activa
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. Operación activa
Breaking resistance zoneNota
Reddy Ready to boost this time.Operación activa
Operación cerrada: objetivo alcanzado
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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