Resistance at 4950 and 5000 for NSE:DRREDDY by raghavendramurti — TradingView

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*View is personal. taking into account of weakened performance of pharma sector and volatility of Indian market(IND VIX = 22.3). trend lines are drawn on taking hourly, daily and weekly candles. shows resistance at 4950 and 5000. At 5000 strike price, there is maximum open interest by option writers.

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