Dr. Reddy's Laboratories | Elliott Wave Analysis
📈 Dr. Reddy's Laboratories | Weekly Chart | Elliott Wave Projection NSE:DRREDDY appears to be developing a long-term bullish Elliott Wave structure within a rising parallel channel. The advance from the 2022 low could represent the beginning of a larger upward move, with the potential for an extended Wave ((III)) . 🎯 Elliott Wave Price Projections - Near-Term Upside: 1319 → 1479 - Extended Target: 1942 - Bullish Extension Scenario: 2691+ if Wave (III) develops into an extended impulse. - Invalidation Level: 730 The 2691+ projection is a conditional, ambitious objective that could come into…
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Story file
- Section
- India
- Topics
- Stock market
- First reported by
- Tradingview
- Reporter
- vcsompura follow following
- Published
- Thursday, 15 October 2026, 9:28 am IST
- Coverage
- One outlet so far
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