Tuesday 2 July 2013

Macd Negative Divergence in DrReddy

Macd Negative Divergence is confirmed in DrReddy and it may be a good shorting candidiate. Stock also formed the Long Legged Doji Candlsetick Pattern today.
With Nifty and other majory index stocks have Harami Bearish Pattern , shorting DrReddy may work out well.
Macd DIvergences and Candlestick patterns can easily be screened using Technical Screener of TradersCockpit. Click here to try ot out!!!

Also check out TradersCockpit Advanced Charts to plot the available divergences. Pasting the snapshot of the same below.
Happy Trading !!!!!
Macd Negative Divergence in DrReddy

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