Late Economic best performers: DR REDDY and LUPIN
DR REDDY Daily. The preferred view sees the current structure as a completed (W)-(X)-(Y) correction down. Alternate, however, suggests a potential head and shoulders continuation pattern with neckline supports near 1,500 levels. Key resistances to watch lie at 1,630 levels (previous X wave highs and key Fibonacci confluence resistances). Above 1,630 the preferred view strengthens, […]