Buy Dr Reddy's Laboratories for the target prices of Rs 1785/1798/Higher with a stop loss of Rs 1746: ICICIDirect

Last Updated: Mon, Nov 19, 2012 04:23 hrs

We said, "bias is -ve, and would remain so if action weakens below the shadow area." Index held the shadow area initially. Up 92 by 2 p.m., it reversed later to break the shadow, and end 162 pts or 0.8% lower. Except IT, all other sectors ended in Red. Realty Index lost 3.3%, and A/D ratio worsened to 1:3.


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