We can see a head and shoulder on Dr Reddy's 15 min chart which calls out for a bearish trend.
We might see the stock at 2500-2450 levels in the coming days.
Everyone's watching this and LTC does appear to be leading the pack. Going half position on this break and adding on daily close but looks like the neckline is broken. The only real requirement for a H&S bottom, according to the guy who wrote the book on it (Edwards) is a high volume breakout of neckline to confirm the pattern. This differs from the volume...
