Sunday, April 28, 2013

DRREDDY: Short term risky shorting opportunity.

DRREDDY: On hourly chart it has formed a negative divergence, there is a shorting opportunity for short term, but it is going to be an impulsive trading, very very risky, but an intraday or a STBT trader can act. Short on little rise around 1993-1998, with a stop loss of 2014for the target of 1953, 1936, 1917. Please avoid this trading if you are unable to track your trade until exit, like a whole timer.