Stock of the day : Dr. Reddy`s Laboratories Ltd For Target Rs. 350 - Religare Broking
![](https://portfolio.investmentguruindia.com/uploads/news/Dr. Reddy`s Laboratories Ltd.jpg)
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Dr. Reddy's Laboratories Ltd
* Pharma index trading at record highs and DRREDDY is expected to witness a catch up move.
* It has recorded a breakout from bullish cup and handle pattern with noticeable volumes.
* Following price action and Buoyancy in pharma space suggests bullish tone to continue and reclaim its previous swing high.
* We thus recommend creating longs through the Call option.
BUY 5800 CE Dr. Reddy's Laboratories Ltd CMP 240.05; Range 238-242; SL 190; Target 350
Please refer disclaimer at https://www.religareonline.com/disclaimer
SEBI Registration number is INZ000174330
![](https://portfolio.investmentguruindia.com/uploads/news/insurance 123.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Axis Securities Ltd.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Wipro.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/2b1715f7e03b51b0ac9c014eb224fc1f.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/gdp22.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Geojit Financial Services.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Dollar retures 2.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/health22.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Arvind Kapil, MD and CEO, Poonawalla Fincorp.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/stock8.jpg)