Double Bottom formation in Dr. Reddy Lab.

Atualizado
Double bottom formation Low of 4445.70 on 24/08/2021 and again Low of 4441.3 on 07/12/2021 on Daily chart. Accumulate this share in any decline for the TARGET of 4900 - 5000 with a stoploss of 4439.3
Nota
The share is ranging in 4441 to 4900. Breakout above 4900 is possible this time as it has tried 5 times but fail and the trend reversal at 4440 to 4445 range is clearly seen in Daily Chart. Breakout of 4440 is danger. Stay cautious below this level.
Chart Patterns

Aviso legal