Short covering may be seen in Lupin, Dr Reddys: Gupta

Short covering may be seen in Lupin and Dr Reddys, says Amit Gupta, ICICI Direct.
  • Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
GeStepAhead GrowMyMoney Tech Control
moneycontrol.com

Home » News » Stocks Views

Jan 31, 2013, 06.51 PM | Source: CNBC-TV18

Short covering may be seen in Lupin, Dr Reddys: Gupta

Short covering may be seen in Lupin and Dr Reddys, says Amit Gupta, ICICI Direct.

Like this story, share it with millions of investors on M3

Short covering may be seen in Lupin, Dr Reddys: Gupta

Short covering may be seen in Lupin and Dr Reddys, says Amit Gupta, ICICI Direct.

Post Your Comments

Share Cancel

Amit Gupta (more)

Head- Derivatives, ICICIdirect.com | Capital Expertise: F&O

Short covering may be seen in Lupin and Dr Reddys , says Amit Gupta, ICICI Direct.

Gupta told CNBC-TV18, “We should look at certain socks which can see some short covering and to identify that we should look at the rollovers. The rollovers have been low in the pharma space where Lupin and Dr. Reddys, we had seen they had some short build coming up and the positions are not getting rolled. So, it is possible that you can see some kind of short covering in these two segments.”

On Jan 31, Lupin closed at Rs 604.45, up Rs 5.20, or 0.87%. It has touched an intraday high of Rs 618.25 and an intraday low of Rs 599.15.

Buy, Hold, Sell ? Hear it first on M3
Short covering may be seen in Lupin, Dr Reddys: Gupta

See all

Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login