However, it must be pointed out that the technicals in the weekly chart are positive. But on a daily basis here is a case, where the scrip is slowly eroding its high for the day. The recent high was Rs 490. With the budget round the corner, and by the fact of this being a pharma scrip, this time around the scrip might recover without heading towards Rs 394. But there is still a good logic to do defensive profit booking at higher levels of around Rs 485.