Dr. Reddy & Lupin went up today by around 3%. This is one of the best closing for these two shares. After IT, Pharma is the heavily beaten down sector due to issues around the FDA investigations. These two shares were trading around the 52 weeks low, both the stocks made 52 week’s low last week.Read more
As per our analysis, ONGC changing the trend and SBIN resuming the up trend. These two stocks made significant difference in the trend on Friday from Nifty 50 shares. Both the stocks have different historical patterns. These stocks show positive momentum and likely to gain in the recent days.Read more
Aurobindo Pharma Ltd (NSE:AUROPHARMA) is today’s top gainer from Nifty 50 stocks. The stock went on to close near 800 levels after getting approvals from the US health regulator for antihyperlipidemic (cholesterol) drug Rosuvastatin calcium tablets.Read more
Dr.Reddy’s Laboratories Ltd (NSE:DRREDDY) is one of the heavily beaten down stocks in the turmoil. In just three months time, the stock went down from 52 weeks high of 4386 levels to 52 weeks low of 2750. Over the last three month the stock was continuously making lower low, but the last week was different for Dr. Reddy.Read more
Dabur India Ltd (NSE:DABUR) is showing strength in the daily chart. In the candlestick chart, the chart has formed Morning Doji Star pattern. It is three days pattern, where the first day stock goes down and on the next day there won’t be an significant direction, but on the third day there will be a positive close with reasonable volume.
Dabur had negative close on 25th and indecisive doji pattern on 27th. Decisive positive close on 28th with volume of 2.2 Million shares in National Stock Exchange. The 10 days average volume is currently at 1.3 Million.Read more