DRREDDYS Possible breakout
Updated
Notes
Please note - Not a SEBI Registered Advisor/Analyst. Only for Educational Purposes. Please Consult your financial advisor before you take any action.
- Been in a channel since August last year.
- The top level has been tested 4 times before the latest candle (11th June)
- Currently in the resistance zone since it closed above 5420 with decent volumes and candle strength.
- Hoping it will continue this momentum and close above 5505 to make fresh highs.
Please note - Not a SEBI Registered Advisor/Analyst. Only for Educational Purposes. Please Consult your financial advisor before you take any action.
Trade active
Well within the Accumulation zone...Trade active
Looks like its out of the zone.
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