Dr Reddy's Labs will head to Rs 4500, says Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "If you are long as a trader then obviously you have to get out of Dr Reddy's Labs and that would be a pity because normally you don’t be long in front of news. However, if you are as a trader, if you an investor I wouldn’t be worry about any decline. A decline towards Rs 3,100 would be another buying opportunity. I am fairly confident that Dr Reddy's has a good chart and it will eventually go to Rs 4,500. Things will change, but I don’t know whether Rs 2,800 is going to be broken."The share touched its 52-week high Rs 4,382.95 and 52-week low Rs 2,750.00 on 20 October, 2015 and 21 January, 2016, respectively.