Dr Reddy has completed its wave 1 and wave 2 movement and has aggressively gone up as part of wave 3 movement
Wave 2 retraced by 61.8% on fibonacci levels of wave 1 which is the golden ratio. You can connect wave 1 high and wave 2 low to arrive at the retracement value which exactly comes to 1661 and we just that happen
Now connecting wave 2 low and wave 1 high when you do a fibonacci extension, value of 1782 achieved recently shows 161.8% extension up
Keep buying on dips and go long and book your profits around 1855 to 1860 level
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