SMC Global’s Shitij Gandhi: Accumulate Dr. Reddy’s for targets of Rs 1,360–1,365

“After weeks of consolidation, Dr. Reddy’s Laboratories’ stock has delivered a strong technical breakout on the daily charts. Traders can buy for a target of Rs 1360 in the next 5-7 weeks,” Shitij Gandhi, Senior Technical Analyst, SMC Global Securities, said.

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