Buy Aurobindo Pharma Limited
Last Close: Rs 879.25
Initiation range: Rs 875-880
Target: Rs 930
Stop loss: Rs 845
Aurobindo Pharma has witnessed a fresh breakout from a consolidation range on November 24, with a noticeable rise in the volume. The chart pattern and positioning of oscillators are pointing towards a sharp up move in the near future. We advise creating fresh longs in the given range.
Buy Dr. Reddy's Laboratories Limited
Last Close: Rs 4,915.50
Initiation range: Rs 4,910-4,920
Target: Rs 5,200
Stop loss: Rs 4,770
The pharma pack looks set for a rebound after three months of consolidation. Among