RahulNewar

DRL a massive consolidation and Break out

Long
RahulNewar Updated   
NSE:DRREDDY   DR REDDYS LABS
DRL has retraced to its 50% level. A massive correction and for weeks at a low price volatility and volume and break out. Upside could be of 5200 level to 6000 level from long term. The break out of 5000 level would be critical as stock would be volatile for upward move of 6000 level.
Low price volatility would provide an easy exit before SL.

Please do provide your comments.
Comment:
DRL Rocks. Break out with a trend day.
Comment:
DRL - ROCKS...The most accurate chart. Target met....:)
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