Dr Reddy Long Dr Reddy can possibly give 8% in the coming days.. Good Movement seen in the last days and so there is a possibility of another 8%!!
Next report date
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EPS estimate
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Revenue estimate
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0.77 USD
672.58 M USD
3.37 B USD
833.01 M
About DR. REDDY S LABORATORIES
Sector
CEO
Erez Israeli
Headquarters
Hyderabad
Website
Founded
1984
FIGI
BBG000NJ96L6
Dr. Reddy's Laboratories Ltd. engages in the manufacture and marketing of pharmaceutical products. It operates through the following segments: Global Generics, Pharmaceutical Services and Active Ingredients, and Others. The Global Generics segment consists of manufacturing and marketing of prescription and over-the-counter finished pharmaceutical products ready for consumption by the patient, marketed under a brand name or as generic finished dosages with therapeutic equivalence to branded formulations. The Pharmaceutical Services and Active Ingredients segment focuses on manufacturing and marketing of active pharmaceutical ingredients and intermediates, also known as API, which are the principal ingredients for finished pharmaceutical products. The Others segment includes the operations of the subsidiary of the company. The company was founded by Kallam Anji Reddy on February 24, 1984 and is headquartered in Hyderabad, India.
DR Reddy weekly and daily chart Strong breakout on both daily and weekly chart
Trend line breakout
Rising volume
Daily RSI >60
Weekly RSI >50
Looks Bullish
DR Reddy Laboratories Swing TradeHello,
Trend-Based Analysis. Buy the Dips, Sell The Rallies, Also Following the Trend. Let's see where the Price Action takes us, Riding the wave. Potential trade setups based on trend momentum.
Technical analysis based on trend identification and momentum, Looking for high-probability setups with
Dr. Reddy | Exited Short | Taken Long | BTSTAs I mentioned in my earlier post today, there was an inherent risk in shorting Dr. Reddy and that came true. Since the price was above the Daily Pivot, the bias was indeed bullish.
A long trade has now been initiated for a target to the above resistance zone. This would be a BTST type trade.
DR Reddy | Short | STBTThis 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 el
Dr.Reddys - Pivot level - Potential for 1450Dr. Reddys has potential for the levels of 1450 , however the stock if breaks the levels of 1170 may slide to below levels before flying high.
Dr reddy 1W time frame Buy @ 1268 target @ 1408, 1419,1454 Dr reddy 1W time frame
Buy @ 1268 target @ 1408, 1419,1454
Risk reward 1:1
Ascending channel
Its just a view trade@ your own risk
Triple top chart weekly Triple top chart weekly suggests bearish reversal trend with neckline 1251
Entry Any high near to 1251
Target 1040
See all ideas
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