Dr Reddys stock price crossed its previous all time high of 4380 in July 2020 in the Covid pharma rally. It then went on to hit a fresh all time high of 5600 in July 2021 and went into consolidation, and posted a swing low of 3660 in March 2022. Since then it has had a good upmove, and it crossed the highs posted in July 2021 in July 2023 ( highs posted and crossed all in July? ) and went on to high a swing high of 5989 and came down to retest previous highs. Now seems to be consolidating.
The move from July 2021 to July 2023 is a rounding structure. It does not have a typical cup and handle structure, but overall chart looks good.
Regarding techno funda, any company qualifies for techno funda. We have discussed so many ideas in the 52 weeks high thread.
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