Technical & Derivatives analysis attempts to understand the emotions in the market by studying open interest, volumes and price action.
My free view and analysis is a small contribution to keeping people informed about capital market. This blog is purely for the study purpose and one shall consult their Financial Advisor before trading/investing.
Tuesday, 20 May 2014
Dr Reddys Lab - Need a pill to break 2200
Bullish Butterfly Pattern
Buy at CMP : 2310 and on dips to 2240 for target of 2480-2545 with stoploss of 2200 on closing basis.
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