Price action analysis on DRREDDY.
DRREDDY seems to be forming a w- pattern in daily time frame.
Multiple targets can be taken, earnings release on 28th June , can trigger a blast in the price to the completion of the overall W - pattern.
Target and stop loss indicated in chart, very thin SL, of around 1.5 % from entry point.
DRREDDY seems to be forming a w- pattern in daily time frame.
Multiple targets can be taken, earnings release on 28th June , can trigger a blast in the price to the completion of the overall W - pattern.
Target and stop loss indicated in chart, very thin SL, of around 1.5 % from entry point.