DR REDDY is making 5th wave move in a channel. It has recently touched the top of the channel and is now expected to move down to touch the bottom of the channel. It is likely to be touching this line in the price area below 1700.. Check out the chart below for greater clarity.
EXPANDED CHART.
UPDATE 10/01/2013
Needs to see 1955 before retracing.
EXPANDED CHART.
UPDATE 10/01/2013
Needs to see 1955 before retracing.
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