Buy Dr. Reddy`s Laboratories Ltd For Target Rs. 215 - Religare Broking
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Derivative Ideas
DRREDDY FEB FUT added around 25% in open interest addition as SHORT buildup was seen in it in till closing time. Current chart pattern also indicates further up move in its price. We suggest buying DRREDDY 4800 PE FEB as per below levels.
Strategy:- BUY DRREDDY 4800 PE FEB BETWEEN 140– 145 SL 110 TARGET 215.
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