Mahindra &Mahindra, we could see a rally if and when it crosses 900 upto 910 and 920,if it goes below 890 then we could see 876,855, and 847.Given the market state we can see a rally tomorrow.Auto's are performing.
As for Ranbaxy, my view is a negative one the stock can see further lows and with the meeting between the Euro drug chief and the Indian one on the company says ...is there more bad news about the company coming about? In any case if it goes below 335 we can see 329 . .323 and 317...if it rally's we can see 344, 351 and 360...risky but long would be advisable only for intra..tomorrow ...or very short term.This stock will go down sooner than later.
As for Ranbaxy, my view is a negative one the stock can see further lows and with the meeting between the Euro drug chief and the Indian one on the company says ...is there more bad news about the company coming about? In any case if it goes below 335 we can see 329 . .323 and 317...if it rally's we can see 344, 351 and 360...risky but long would be advisable only for intra..tomorrow ...or very short term.This stock will go down sooner than later.