We are bullish on this pharma stock which is giving an excellent movement with in the channel and can be added to your portfolio with a long term view to have good returns from the stock.
As we can see that Dr Reddy Laboratories share is in a rising trend channel in the medium to long term time perspective. We need to watch a decisive break up through 2638 will again give new positive signals to the stock, while a break on the opposite side of the formation will be a strong negative signal. The stock is approaching the support at Rs 2560, which may give a positive reaction. Do consider checking our Intraday Tips and start making money in a big way by spending less time in the market and those with a penchant to hold stocks can consider our Short Term Stocks and make good money in the market. Do remember to check our other Free Share Tips Here.
As we can see that Dr Reddy Laboratories share is in a rising trend channel in the medium to long term time perspective. We need to watch a decisive break up through 2638 will again give new positive signals to the stock, while a break on the opposite side of the formation will be a strong negative signal. The stock is approaching the support at Rs 2560, which may give a positive reaction. Do consider checking our Intraday Tips and start making money in a big way by spending less time in the market and those with a penchant to hold stocks can consider our Short Term Stocks and make good money in the market. Do remember to check our other Free Share Tips Here.
