Dr. Reddy's Laboratories (DRY) Impressive on Both Fundamental and Technical Basis

By Trader Mark
09 November 2009 @ 11:45 am EDT

While I've traded Dr. Reddy's Laboratories (RDY) in the past, I have not touched it in the past few years; however as we await for the new Market Vectors Indian Small Cap fund to launch I was poking my nose around Indian stocks this weekend since the Indian market has corrected quite a bit (and rebounded from oversold levels last week).  So this name came back onto my radar in the limited universe of Indian ADRs.  (full list of Indian stocks available at TickerSpy)

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