Ranbaxy is facing a resistance in the range of 554-557 break of this range can propel the stock to 570 odd levels and failure to break the range can move the stock down to 514 levels. Good range to trade for swing traders
Buy above 557 Tgt 565 and 570
Sell below 544 Tgt 538,531 and 525
Buy above 314 Tgt 318 and 323
Charts says so
RSI is in downtrend making stock in oversold regio.
Buy above 210 Tgt 212,214 and 216 SL 208