DR REDDYS LABS
Dr Reddys is witnessing strong selling pressure from its previous top @ 4400, technical indicates stock is now in oversold zone and is moving up from its previous bottom @ 3253 as shown in above technical image.
So as long as it holds above bulls will be favored and further price rise can be seen in coming days.
Price fall can be seen in Dr Reddys once it closes and holds below 3253.
Intraday stock looks weak below 3253, will find support around 3235, 3225.
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