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Ranbaxy Labs can touch Rs 465-480: Bhambwani

Published on Fri, Nov 27, 2009 at 16:40 |  Source : Moneycontrol.com

Updated at Fri, Nov 27, 2009 at 16:44  

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Technical Analyst, Vijay Bhambwani is of the view that above Rs 422, Ranbaxy Laboratories can go upto Rs 465-480.

Bhambwani told CNBC-TV18, "Ranbaxy Laboratories bucking the overall market trend and what you need to see is whether it can stay above Rs 422 levels in the coming couple of trading sessions. If it can manage to do that, I think the stock is likely to go up all the way and possibly test Rs 465-480 levels."

  

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