Technical - Conviction Delivery Idea : Dr Reddys Laboratories Limited For Target Rs.1442

2026-10-29 11:31:09 am | Source: Motilal Oswal Wealth Mangement

Technical - Conviction Delivery Idea : Dr Reddys Laboratories Limited For Target Rs.1442 - Motilal Oswal Wealth Management

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Dr Reddys Laboratories Limited

(Mcap Rs1,11,463 Cr.)

Buy Dr Reddys Laboratories Limited CMP 1335 SL1282 TARGET1442 DURATION 1 Week

• Stock has witnessed Range breakout on daily chart.

• Formed a Bullish Marubozu candle.

• Buying visible across Pharma stocks.

• We recommend to buy the stock at CMP Rs 1335 with a SL of Rs 1282 and a TGT of Rs 1442.

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Technical - Conviction Delivery Idea : Dr Reddys Laboratories Limited For Target Rs.1442 - Motilal Oswal Wealth Management

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