05 Oct 2026, 21:39 IST
Dr. Reddy's Laboratories Limited
Religare Broking Ltd (religareonline.com) · Bull Call Spread (buy 27 Oct 1200 call, sell 27 Oct 1250 call) · target 28 (spread premium), entry range 15-18, stop loss 10
The note says Dr Reddy's has recovered from the 1,200 support zone, reclaimed its 20- and 50-DEMA with RSI above 50 and a positive MACD crossover, and proposes a bull call spread with hurdles at 1,250-1,260.
From Daily Derivatives Report 6 October 2026, written by Religare Broking Ltd (religareonline.com) and hosted by Investment Guru India. Orivam summarised it; the view is Religare Broking Ltd (religareonline.com)'s, not Orivam's.
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