RDY Forms 16-Week Cup Base with 15.27 Pivot as Stock Toppers in Stage 3

Posted on by Eben@CANSLIM Research
RDY stock profile infographic with daily candles, 20, 50 and 150-day simple moving averages and volume, Stage 3 (Topping), as of October 22, 2026 at 21:09 — CANSLIM Research

RDY is trading at 13.26 and churning around its 30-week moving average, a topping consolidation that places the stock in Stage 3. The market is focused on a 16-week cup base with a 26 percent depth and a 15.27 pivot, though no handle or breakout has yet formed and volume is not drying up. Sentiment is neutral, with the trend template passing only 4 of 8 checks, so the setup warrants patience until a decisive move above the pivot.

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