The price of DRREDDY has given a breakout from 5070, which was previously a resistance level in October 2021.
If the breakout gets sustained, chances are high that price may go up till:-
1. 5440
2.5610
Entry can be initiated around 5100
Stop Loss- Daily close below 4862 for conservative traders.
Aggressive traders can look for daily close below 4980 as their stop loss.
If the breakout gets sustained, chances are high that price may go up till:-
1. 5440
2.5610
Entry can be initiated around 5100
Stop Loss- Daily close below 4862 for conservative traders.
Aggressive traders can look for daily close below 4980 as their stop loss.