Looks interesting, approaching breakout level of 1655!
Breaking out from the descending channel after long consolidation! looks interesting !!
DRREDDY - After consolidation, its about to break from the channel.
After 25th Feb 20, Reliance broke 20 EMA support on 1st time on 15th Oct 2020.
Stock is kissing 200DEMA and also about to breakout the range. also forming double top. Will blast the moment it crosses 390 levels cls.
Stock is kissing 200 DEMA, after it crosses 200 DEMA, next stop is 210. Look out for BO on Monday.
After consolidation, its poised for making new ATH. There was significant buying on 14th Aug, volume was 3x than the normal volume. Someone has bought near 700 in huge quantity.
After one way move, its consolidating near 2100 zone, next support is 20 ema. If it crosses 2198. which is ATH then it may give another 5% move.
HDFC Bank is at lower end of channel, trading in narrow range since last 12 trading session. May take support from 100 EMA and move upwards.