Sukhani not very upbeat on Dr Reddy's Lab

Technical Analyst, Sudarshan Sukhani not very upbeat in the short-term in Dr Reddys Laboratories .

“Dr Reddy’s has been a favorite and for the pharma sector as such I have always been a little inclined towards that but Dr Reddy’s charts are not at all good. For last 10-15 days its making patterns that are suggesting a state of complete confusion in the chart; now bullish patterns don’t usually start in this way. So many other opportunities in the market, investor might like to switch to some other better stock - IT or even autos or something else. I am not very upbeat in the short-term in Dr Reddy’s."