The recent price movement of Dr. Reddy's stock appears positive and indicates the potential for significant growth. The chart is also relatively easy to interpret, reinforcing this view. If you found our content valuable, please consider giving us a like. Additionally, if you have any thoughts or comments to share, we encourage you to leave a comment. ...
Dr Reddy's Lab has formed a long-term Cup & Handle pattern and has reached a resistance level. A breach of this resistance shall entail a rise in price level by another INR 1500 from current levels. Let us keep track of it. #drreddylab #drreddy #drreddy'stechnicalstudy #drreddy'scup&handlepattern #drreddy'spricelevel #drreddy'slabpricetarget
DR Reddy has made Flag, and the breakout is done. Buy and target is 6000, 6500,7000
The Company had posted extraordinary result as well as giving breakout on charts. The Pharma index also on the verge of breakout after long consolidation. Overall, a good buy in short term on can go for the above mentioned levels even in futures also.
DRREDDY price movement in the FLAG pattern range 1hour candle Breakout happen wait for DAY strong close above trend line, If happened Target would be 5950
DRREDDY forming inverse head& shoulder pattern 👆 Looking good for short term for tgt 5950-5980-6000++ Keeping on radar Drreddy 5900 CE
This Pharma giant has outperformed Nifty 50 in the entire 2023. Starting from Jan.2023 the stock has been making clean and strong impulse moves and easily beating the index returns for the entire year. The stock completed wave I of 3 between Jan-May 2023 and completed the wave III of 3 subsequently between May-Aug 2023. Between Aug-Oct 2023 the stock was in a...
Drreddy On trendline breakout If sustain above 5690-95 Looking tgt 5800-5840+++ In very short term. Keeping on radar Drreddy 5650 CE
Dr Reddy's Laboratories Ltd (DRL) is an integrated global pharmaceutical company, committed to providing affordable and innovative medicines for healthier lives. Through its three businesses - Pharmaceutical Services &Active Ingredients, Global Generics and Proprietary Products. Dr Reddy's began as a supplier to Indian drug manufacturers, but it soon started...
PANACEABIO 165 NSE:PANACEABIO TARGET 225 SL 135 Return 36% TIME FRAME < 6 Months RR > 2 Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are...
Drreddy - Elliott Wave Count Dr. Reddy - It's time to close short positions and buy active now as the next impulsive wave started. If the red line breaks, the view is invalid. Trade with caution. NSE:DRREDDY BSE:DRREDDY NSE:DRREDDY1!
DRREDDY witnessed a phase of profit booking two weeks ago, subsequently trailed by a week of uncertainty. Notably, this week's trading shows a highly bullish candle that covers more than 80% of the previous two candles' span. This suggests a potential continuation of the upward trend.
This stock is trending upwards from long time. now price is given us retracement and it is near its demand zone, where a strong rise is observed from this place. look here for buy, strong rejection to is observed to bottom side.
the stock is now at its resistance zone, where previously a strong selloff is observed from this level. Keep track this level for sell side...we have support at 5100 levels, if this breaks a strong fall is observed.. keep on buyside until this breaks and retest.
Dr. Reddy's Laboratories Ltd is a leading India-based pharamceutical company which offers a portfolio of products and services, including Active Pharmaceutical Ingredients (APIs), Custom Pharmaceutical services (CPS), generics, biosimilars and differentiated formulations. Stock is trading at 3.80 times its book value and maintaining a healthy dividend payout of...
DR REDDY has been trading cleanly in a channel. Price takes support at the bottom and gets rejected at the top. Will it face rejection again or breakout of the the channel this time?
Observations:: ------>> we have detected that the stock is in the form of Head and Shoulders Pattern. ------>> If the demand zone @4600 acts as resistance, will go for sell below left shoulder rejection level, for the target of 4400 and 4200 levels. ------>> We have a great support @4200 , indicating a bullish gap + continuation to upside. ------>> look for...
Hi everyone lucrative opportunity created in drreddy already creaated but I am late to post