The SEZ bug has bitten Reddy, planning to invest Rs 4000/- crores. The results are good and can deliver better results as more than 100 DMFs were filed and the 6 months exclusive rights to sell a few drugs are expected any time. The call on Reddy is intact as it could out perform the market in future.
Today if Dr Reddy could close with 3%+ gains one could start accumulate the scrip other wise wait it could even touch Rs 560-540/- range as the market is at its high.
Disclaimer : I have position in Dr Reddy
Sunday, May 20, 2007
Sunday, May 13, 2007
Buy Matrix Labs
Buy Matrix Labs (F.V. Rs 2/-) for medium term as the stock could benefit the parent company’s (Mylan Labs) recent buyouts. The positive results can be reflected on the stock after two quarters from now with a target of Rs 320-350/-.
Tuesday, May 8, 2007
Bottom building.
Bottom building happening in tech stocks. TCS good buy if it cross 1285-1287, Satyam good bet above 469-470.
For Nifty levels visit stocksdoctor.blogspot.com
For Nifty levels visit stocksdoctor.blogspot.com
Tuesday, May 1, 2007
Dr Reddy for one month.
Buy Dr Reddy above 721-724, the stock could touch 780-785 easily with in one month from the date. Reduce the exposure by 50% if it trades below 700, and again add double quantity at 660-650 range. For long term players can wait up to one year to double their money invested.
Make Profits in the Market
Stocks suggested here are for delivery for one week to one month. The stocks are fundamentally strong with good business prospects. The suggested scrip is either about to break out of the resistance faced over a period of time.
Subscribe to:
Posts (Atom)