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Dr reddy

Discussion in 'Technical Analysis' started by ramgole, Jan 9, 2013.

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  1. ramgole

    ramgole New Member

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    DR REDDY has formed U / cup-handle shape. May break out above 1917.

    Any comments?
     
  2. shabbir

    shabbir Administrator Staff Member

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    Yes perfect U and unless you are confident about May Break out wait for a break out but I think it is round the corner.
     
  3. shabbir

    shabbir Administrator Staff Member

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    Dr. Reddy is a multibagger BTW
     
  4. verenmitter2001

    verenmitter2001 Member

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    Hi shabbir
    Can dr reddy bought at cmp for long position with sl of 1810?

    Regards
    Veren
     
  5. shabbir

    shabbir Administrator Staff Member

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    SL should be 1880 and not 1810