Dr. Reddy's a buy: Deepak Mohoni

Deepak Mohoni, Director, trendwatchindia.com, in a chat with ET Now talks about Dr. Reddy’s.

What is your take on Dr. Reddy's?

Dr. Reddy's is a buy. It is down slightly today but had gone up very strongly yesterday. So this down would be seen as a bit of a consolidation and the potential move hereafter. It is looking fairly good for not just intraday but also medium to long term. Dr. Reddy’s has been pretty strong for a while now. It is pretty safe for a good long-term bet as well.