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2024-03-19 10:46:20 am | Source: Religare Broking Ltd
Stock of the day : Dr. Reddy's Laboratories Ltd For Target Rs. 130 - Religare Broking

Dr. Reddy's Laboratories Ltd

* DRREDDY has been in a steady uptrend from last more than 3 months and currently price oscillating near record high levels.

* It witnessed a renewed buying interest after registering a breakout from multi month corrective phase.

* Following price action and bullish positioning of the momentum indicator suggests price to resume its prior trend.

* We thus recommend creating longs through the Call option.

BUY 6400 CE??????? Dr. Reddy's Laboratories Ltd CMP 70.15 Range 65-70 SL 30; Target 130

 

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SEBI Registration number is INZ000174330

 

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