Dr reddy tool Support at major Support level of 5860 and bounced back
Volume rising
ABCD Pattern under formation on weekly chart
SL below 5800
lets see how these evolve
Disclaimer: I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
Volume rising
ABCD Pattern under formation on weekly chart
SL below 5800
lets see how these evolve
Disclaimer: I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.