DR REDDY still has upside left till around 2750-2770 levels.

The Pharma Sector has shown signs of picking up in the previous few months and isn't expected to stop anytime soon. Pharma Sector along with the IT Sector are the sectors that continue to show strength and limit the downside in NIFTY 50 despite negative global cues.

I remain long in DRREDDY for the Targets of 2770 and 2900 with SL to be placed around 2545.

코멘트:

SL @ 2545 triggered