“Bullish on Dr. Reddy's Laboratories for the short term, with a target price of ₹1,480 and a stop loss at ₹1,300. The stock shows a strong breakout above its falling trendline resistance, indicating a positive shift in momentum, and is trading above its 100-week moving average. Momentum indicators like RSI are supportive.”
Jigar S. Patel’s track record: 3 graded calls · 95% CI 0–56%
Dr. Reddy's LaboratoriesBullishCalled 06 Jul 2026Graded 01 Aug 2026
Dr. Reddy's Laboratories dropped from ₹1367.90 to ₹1150.80, a significant move opposite to the bullish call.