Bose told CNBC-TV18, "The crucial level to watch out for Dr Reddys Laboratories would be Rs 747. Once Rs 747 is crossed then this stock will actually show a very strong swing because last three months or even more it was very flat, a range bound kind of a movement hardly any trader interest as such. But let it cross Rs 747 then one will see lot of trader interest coming in and it is likely to move up. In that case the technical target of about Rs 817 can be met but this is an interim target. If there is an upswing from here and a strong upswing maybe further higher levels could be reached."
Disclosure: The Nifty and Bharti, I continue to advice on a regular basis. So, I would be having a vested interest in them.
