Top stock calls by Religare Broking: Buy Dabur, Aurobindo Pharma

Here are the weekly stock recommendations by Religare Broking

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Market news:

Buy Dabur India Limited

 Last Close: Rs 423.75

 Initiation range: Rs 415-418

 Target: Rs 444

 Stop loss: Rs 405

 We’re seeing a mixed trend on the fast moving consumer goods (FMCG) front and Dabur is maintaining its positive bias amid volatility. Post breakout from its consolidation range, it has witnessed a marginal dip of late, offering a fresh buying opportunity. We suggest traders using this chance and initiate fresh longs at the given levels.

Buy Aurobindo Pharma Limited

 Last Close: Rs 561.75

 Initiation range: Rs 560-566

 Target: Rs 595

 Stop loss: Rs 550

 Aurobindo Pharma has retraced considerably after retesting its record high...read more

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