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Ranbaxy Labs

Ranbaxy fairly valued at 375.... (4) 08-Aug-08 02:17

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Posted by: estateexpert on ( 08-Aug-08 02:17 )
Price : BSE: Rs 503.95 ( -1.68 % ), NSE: Rs. 503.50 ( -1.87 % )
There is still minimum upside of 15-20% within a week's time. when the open offer is 737 rs. the market price is bound to reach atleast 70-75% of the same, which comes to around Rs. 600/- hence there is nothing better than this deal right now to buy it around 520 level and book around Rs. 590-595 Dont wait else it would jump 10-12% in one day may be tomorrow or Monday.The downside was created in these couple of days to accumulate the stock which will soar upsides any moment now.Advise is to grab the opportunity.

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