EquityPandit’s Outlook for Dr. Reddy for week (August 10, 2015 – August 14, 2015):

DR. REDDY:

Dr Reddy closed the week on positive note gaining around 5%.

The stock is in Strong Bull run and every week the stock is making new lift time highs.

Above the levels of 4326 the stock can move to the levels of 4500.

Support for the stock lies in the zone of 4150 from where the stock has broken out of the channel.

Broad range for the stock is seen from 4100 – 4150 on downside to 4400 – 4450 on upside.