Top trading recommendations by Anand Rathi: Buy Dr Reddy's Labs, Bata India

The price pattern is very strong on the technical parameters and Dr Reddy's Labs could outperform once there is more clarification on the developments of vaccine

BUY AMARAJBAT | TARGET: Rs 900 | STOP LOSS: Rs 750

In the month of Jan 2021, AMARAJABAT was trading above 1,000-mark. Now, the stock is hovering near 800 odd levels. It’s around 20% correction from the top but the stock is still in the long-term uptrend. At this juncture, the stock is hovering near the potential reversal zone of a bullish harmonic pattern. In addition; it is at the support of a falling trend line on the daily chart. The risk to reward ratio for going long is highly lucrative in this stock. Hence, traders are advised to buy