NSE:DRREDDY   DR REDDYS LABS
Price broke out of the long-held resistance level. Now depending on market condition price, may pullback towards the breakout line which will provide a good investment scope for intermediate to long-term. Target can be close to 3400-- previous swing top. SL is the breakout line--so a small SL. So good risk-reward ration.
Pharma industry has turned up from a slump of four years.
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