DRREDDY is forming a triangular pattern in daily time frame keep aa eye on this stock as this stock can give breakout in the near future. BB is showing a shrinking in volume which denotes consolidation that will lead to breakout soon.
.
Apart from that in the hourly time frame, it is about to hit its support levels that, if it takes support on these levels it will be a good level to buy this stock for a long-term view.
.
Wait for a trend line break in the hourly time frame and let it consolidate once a buying momentum happens then enter.
.
Calculate your RR Ratio and then trade. SL must be accourding to your RR ratio.
.
Apart from that in the hourly time frame, it is about to hit its support levels that, if it takes support on these levels it will be a good level to buy this stock for a long-term view.
.
Wait for a trend line break in the hourly time frame and let it consolidate once a buying momentum happens then enter.
.
Calculate your RR Ratio and then trade. SL must be accourding to your RR ratio.
Trade fechado: stop atingido:
Stop-Loss hit accepted this loss.
Trade ativo:
Planning on entering into these levels expecting a reversal. Calculate your RR ratio and then trade.
Trade ativo:
Good Profit in progress
