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Buy Dr Reddys Laboratories, says Sukhani

One can buy Dr Reddys Laboratories, says Sudarshan Sukhani of s2analytics.com. "When the Nifty corrected 250 points, DRL consolidated. This consolidation probably could easily breakout today," he adds.

June 04, 2013 / 12:10 IST
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Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Dr Reddys Laboratories (DRL) is a buying opportunity. The Nifty corrected 250 points, but DRL consolidated. It suggests that the next move here is going to continue to be up. This consolidation probably could easily breakout today."


He further added, "In a choppy market what will go up, the stocks like Dr Reddys, United Spirits. These are so-called defensives and they are the easiest to go up."
first published: Jun 4, 2013 11:46 am

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