Sudarshan Sukhani of s2analytics.com said today, "I cannot talk about a recovery in Dr Reddy's Laboratories but for the last few days it has been in a buy zone and even today if there is an intraday dip, it is an opportunity to go long for a swing trader. There is a short-term trade but it exists."
The shared has reached its 52-week high Rs 3,689 and 52-week low Rs 2,382.05 on 20 July, 2016 and 29 May, 2017, respectively., he said
Also Read:
Ashwani Gujral's recommendation; Sell IOC, Ceat, Vedanta
Dhawal Dalal said 10-year yield to trend towards 6.25% in medium term
Mitessh Thakkar advised people to sell RBL Bank, Zee Entertainment