CLOSED

DRREDDY
Target Reached

4510 3.71%
Close Price
(2021-03-30 08:45:00)
4348.85
Entry Price
(2021-03-24 15:30:00)
4510
Target Price
 
4435
Stoploss
 
Enter below 4348.85 | Created on 2021-03-24 09:58:07 and valid till 2021-06-01 18:30:00

Trade made by

Sanjay Bhatia


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Share Share

Trade rationale

Moving Averages

On daily chart trading near supply zone with MACD turning positive. On hrly chart MACD is above zero. Bollinger band is turning upwards and stock is trading above mean line . Overall pharma sector is back in flavour. Taken trade for 4670 ( low of Nov 2020) as near term resistance zone.