DR Reddy | Short | STBT
This price structure is similar to my earlier post about Bajaj Auto.
Clear rejection from the highs after a gap up opening.
Short position can be initiated for a target to 1230.
This however could be slightly more riskier than Bajaj Auto because the price is above the Monthly Pivot. So that risk element needs to be taken into consideration.
Clear rejection from the highs after a gap up opening.
Short position can be initiated for a target to 1230.
This however could be slightly more riskier than Bajaj Auto because the price is above the Monthly Pivot. So that risk element needs to be taken into consideration.
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