Dr Reddy’s Labs can touch Rs 1550

Excerpts from Your Stocks on CNBC-TV18 Watch the full show » ALSO READ See what other Experts & Brokerages are saying about Dr Reddys Labs See messages about Dr Reddys Labs Dr Reddys Labs BSE | NSE 10/02/12 Are Mutual Funds betting on Dr Reddys Labs?

Technical Analyst, Ashwani Gujral is of the view that Dr Reddy's Laboratories can touch Rs 1550, if it holds Rs 1400.

Gujral told CNBC-TV18, "If Dr Reddy's Laboratories can hold on to Rs 1400, then a move back to Rs 1550 is likely. The largecap pharma is coming into a bullish mood."