Monday, November 8, 2010
Keep booking profits in range of 6350-6500 and increase cash to deploy at lower levels..
Stock View: Ranbaxy
The stock has been consolidating between 575-615 for a long time now, it needs to sustain above 618-620 to give a clear breakout. The only problem for the stock is the lack of good vols. Buy Ranbaxy only of it sustains above 618-620 with stoploss of 605 and targets 650/670 in short term..
Have a nice trading day
Regards
Ankit
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