#SANOFI - add at bottom of trading range 7500-8300

#SANOFI - add at bottom of trading range 7500-8300
Stoploss 7300 ( weekly close)
Risk: Reward - 1:2+
Absolute return - 10% ( duration 1 qtr)

The stock has a beta of 0.2 in long term and a beta of 0.29 over last 2 years, could get less impacted by large swings on the index.