Raghulramdoss

Opportunity to go Long in DR REDDYS LAB

NSE:DRREDDY   DR REDDYS LABS
DR REDDYS LAB had formed an ascending triangle pattern in 1hr timeframe but it is taking resistance from the Monthly CPR. So consider going Long in this scrip when the candle closes above Rs.4835 in 1hr timeframe. I expect this scrip to reach Rs.5000 in next few days.
So as usual, do analyse on your own and go long and may have your Stop Loss based on your risk appetite but dont keep it more than 2%

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