Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Dr Reddys Laboratories has gone through a correction of some kind. The stock has been making lifetime new highs and then everything corrects. On Friday Dr Reddys went through a very narrow range and that narrow range should be resolved on the upside today; if it is not resolved, if it comes down on the downside then ignore it. I would not sell Dr Reddys."
He further added, "It is a buying opportunity. If it crosses Friday’s highs then go long in it, it means it is well on way to make lifetime new highs again."
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