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Thursday, May 13, 2021

Result Play Drreddy

 Drreddy As given in previous posts this month from 5000 we played till 5400

now it moving in range of 200pt Support is 5065 n 5200 resistance 5400/5495 and 5676

As result is on 14th , it is also listed on NYSE so we can expect result based reaction of 5-10%


5400ce given at 5265 on wed moved till 5330 and 5400ce moved 155-160 to 195 

It can be played for 230/260 target, 

5200ce can go till 330/360/390 +

Risk till 5065/5000 hold