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Buy Dr Reddys Lab on declines, says Amit Gupta

Buy Dr Reddys Laboratories on declines, says Amit Gupta, Head-Derivatives, ICICI Direct. The total open interest has been reduced by 24 percent in the last 1.5 month and the stock has just moved up from Rs 1700 to Rs 1760-1750 kind of levels. One can utilize the declines towards Rs 1760-1770 to go long for a target of Rs 1850.

first published: Nov 8, 2012 11:16 am

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