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mayurdharod

Dr Reddys - Higher high and higher low

Long
DR REDDYS LABS (NSE:DRREDDY)  
mayurdharod  
NSE:DRREDDY   DR REDDYS LABS
Trend Analysis Chart Patterns Technical Indicators DRREDDY
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trendanalysis chartpattern indicator drreddy
DRREDDY has been in positive trend with a higher high and higher low. Once again it has taken support of the lows made last week and bounced back well. I personally pefer going long above 4900 for a target of 5300-5500. Use trailing stop loss once entered.
Trade on confirmation and not on anticipation
Believe in power of compounding
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