DRREDDY is ready to ride.

2023年6月24日

Stock is all set to break its resistance level. It was consolidating in a uptrend rectangular pattern for more than one year, It has given a decent green closing for the week. It seems more likely to give a breakout. We have to wait till it breaks its resistance. On the other side NIFTY has reached at its all time high (ATH) level. So, it might fell down going forward. If Nifty closes with a good green candle on Monday, we are good to go in this.

2023年7月6日

交易進行

As we discussed previously, Drready has successfully achieved a fair breakout 🚀
🚀. And since then, it has already gained 3% from the entry point.

Where our Initial target would be at 5550, while we maintain a Stop-loss at 4950 to manage our potential risks.

2023年7月27日

交易結束：目標達成

Cheers for Success on the trade in Dr. Reddy's Labs! Even though it initially dipped after triggering our entry, our smart use of stop loss helped us stay in the trade.

Today, it has successfully reached our target, resulting in a solid 10% profit. It might have taken a bit longer, but patience has definitely rewarded us with handsome profits.