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
Shree Ganesha Namah
Last post we given SBI near 358 it given 2 times opportunity to trade and moved 10 points
https://denimnifty.blogspot.com/2021/05/new-stock-idea-sbin-2-10-days.html
What is next ,
SBIN is looking breaking out zones can play in 360ce , yesterday also given it moved 13.4 to 18.6 , today can buy near 363-366 for target of 368/370
option 360ce support n buy zones 13-16 targets 18/19/20.4/21.8/23.8
This option is expected to move step wise short-term every day from dips will see buying interest
Sup is near 348 zone weak below 340/350
Drreddy last time we given on fb for target of 5250/5300/5400 it hit ,
Now result is on 14may a bullish setup is seen can trade in 5400ce buy zone till 5265 156-170 zone for 200/230/250
if anyone wish to trade in 5300ce its 180-200zone expected target 5400/5500/5600 spot zone from 5265 and option targets 260/290/330/360
Risk in drreddy is below 5065