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Dr Reddy

Discussion in 'Technical Analysis' started by siva934127, Apr 12, 2013.

  1. siva934127

    siva934127 Member

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    Hi Shabbir and All,

    DrReddy stock has formed 'W' pattern and recently it took pull back and came back again to the main trend towards the long side.

    Please find the attachment regards to this stock.

    Can take call on this stock or need to observe 2 more sessions?

    Do you think is this risky?

    Thanks,
    Siva.
     

    Attached Files:

    siva934127, Apr 12, 2013
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  2. shabbir

    shabbir Administrator Staff Member

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    The W is definitely on but we are late as well. 1840ish levels breakout is when you be entering into that stock and not as of now.
     
    shabbir, Apr 13, 2013
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