Buy Ranbaxy for a target of Rs 488, says Rakesh Gandhi, Sr Technical Analyst of LKP.
Gandhi told CNBC-TV18, "Ranbaxy has been falling continuously from Rs 570 and now has gained some upward momentum and could go upto the level of Rs 488 in short term. So it could be bought for a target of Rs 488 with a stoploss of Rs 463."
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