July 10, 2012

Ranbaxy



This is one of my fav. trading stock. It has volatility, volume and safety. As one of the biggest pharma company and one of the largest producer of generic drugs in India it is some what safe investment compared to many of them in Nifty fifty. At the same time the daily volatility and volume ensures that traders can take position and earn something out of it.

My current call is for a buy around 483-485 levels with a sl below 480 for a tgt of 500+ with in this week.

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