Daily Chart
An evening star pattern formed on Dr.Reddy today.The gap up made on Friday the 28th February , the long upper shadow which makes the candle a bearish shooting star which formed on huge volumes and the bearish candle which closed the gap today makes the reversal signal stronger.
This coming after a spectacular run up increases the probability of a reversal.
This coming after a spectacular run up increases the probability of a reversal.
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Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com
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