 
            
                           Mustafa Nadeem
Dr Reddy's Laboratories was up with good volumes which is a sign of strength in an otherwise weak market. The stock took the support at its 200-EMA & SMA on the daily chart.
We recommend buying the stock at the current level for a target of Rs 2,330 and a stop loss of below Rs 2,245 on a closing basis on the daily chart.
Disclaimer: The views and investment tips expressed by investment expert on moneycontrol.com are his own and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.