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Aditya_Singh21
20 de Mai de 2020 10:58

LONG POS. ON DRREDDY (NSE)!!! Viés de alta

NSE:DRREDDY1D
DR REDDYS LABSNSE

Descrição

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This analysis is only for educational purposes, Invest at your own risk!

  • The New 52 week high created by DRREDDY at the price 4,132.20 INR will serve as the resistance.
  • A Doji candle was seen on the 19th of May(yesterday) which on the next day (20th May)rose the price with an abnormal Volume.
  • The Market closed with a big green candle for DRREDDY, This opens a great long opportunity for traders buying in at price 3910-3915 INR.
  • The target should be kept just bellow the Resistance at 4,132.20INR i.e. around 4010-4050INR.


Any kind of criticism is highly appreciated !
CHEERS!

Trade fechado: objetivo atingido

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Trend AnalysisChart PatternsTechnical IndicatorsDRREDDYLONGswingswingtradeGood Risk/RewardPositivityhighvolume
Comentários
kkktwits5e
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ath @ 4350 also becomes multi year breakout, may breakout in jun series.
Aditya_Singh21
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@kkktwits5e, Yes lets see if it breaks this resistance first
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