Tuesday, November 24, 07:01 pm IST
| Feedback
Moneycontrol » News Center » Stocks » Expert Advic
Ranbaxy Lab has support at Rs 325-335: Bhambwani
Published on Mon, Jul 30, 2007 at 14:22   |  Updated at Mon, Jul 30, 2007 at 15:33  |  Source : Moneycontrol.com

Technical Analyst, Vijay Bhambwani is of the view that Ranbaxy Laboratories has support at Rs 325-335.

Bhambwani told CNBC-TV18, "One sees a sign of recovery in Ranbaxy Lab and a sustainable recovery will actually be confirmed after the stock starts trading above Rs 445-450 with heavier volume and increase commitment of traders. At this point in time Rs 325-335 is a support base below which if the stock starts to trade constantly with heavier volumes I think it could signal another phase of either decline or consolidation or linear movement."


Important Links Today:  Leadership Wall    Chat Calendar    The 10 List   
Stock Advice
India Capital Markets
Akshata Deshmukh
Sr Research Analyst
Satish Betadpur
CFA Global Research Director
 
 
 
WHAT OTHERS LIKE
  • Most Read
  • Most Viewed
24 Hours
7 Days
1 Month
©Network 18, 2009. All Rights Reserved