Dr Reddy - Ready for Breakout Above 4875

Atualizado
Dr Reddy had a breakdown from the flag pattern it formed after huge upwards movement and filled and the gap and also consolidated in the range.

Last three closing have respected 9 DEMA and a closing above 4875 would mean respect for 21 DEMA also.

The stock shall take significant upmove on closing above 4875.
Trade ativo
Today Dr Reddy has closed above 4875. Long trade is initiated with stop loss at 4875.
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