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DRREDDY

PharmaSwingLong
Active
Trade Setup
Entry Price
₹6,280
Current Price
₹6,049.67
Target
₹7,000
Stop Loss
₹6,020
Buy Range: ₹6,217.2 – ₹6,342.8
Metrics
Risk-Reward
2.77x
Expected Return
+11.46%
Conviction
8.1/10
Holding Period
1-30 days
Analyst Notes

DRREDDY is showing a clean long setup on the daily chart. Volume confirmation, RSI in the sweet zone, and a clear invalidation level. Suggested allocation: 3–5% of portfolio. Trail stop loss as price moves.

Timeline
  1. Recommendation Issued
    16 Jun 2026, 04:21 am
  2. Active
    16 Jun 2026, 06:21 am