(DrReddy) Dr Reddy complete technical analysis [charts+indicators] | Buy/Sell Dr Reddy | (DrReddy) share price targets
Complete technical analysis of Dr Reddy (DrReddy) by charts plus indicators, forecast predictions and share price targets for Dr Reddy (DrReddy)
Showing technical analysis as on 2024-04-08 View latest technical analysis
10 day averaged volume of Dr Reddy is 32440
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Mon Apr 2024 | 6171.40 | 6233.95 | 6233.95 | 6137.00 | 0.171 times |
| 05 Fri Apr 2024 | 6175.10 | 6143.00 | 6306.25 | 6143.00 | 0.352 times |
| 04 Thu Apr 2024 | 6141.20 | 6159.00 | 6170.00 | 6050.00 | 0.211 times |
| 03 Wed Apr 2024 | 6122.45 | 6274.55 | 6274.55 | 6112.10 | 0.148 times |
| 02 Tue Apr 2024 | 6234.90 | 6252.95 | 6269.95 | 6207.45 | 0.16 times |
| 01 Mon Apr 2024 | 6250.85 | 6178.90 | 6282.10 | 6160.00 | 0.168 times |
| 28 Thu Mar 2024 | 6155.15 | 6096.35 | 6211.45 | 6081.75 | 0.422 times |
| 27 Wed Mar 2024 | 6047.60 | 6150.00 | 6150.00 | 6035.50 | 0.109 times |
| 26 Tue Mar 2024 | 6126.95 | 6299.70 | 6299.70 | 6107.00 | 8.128 times |
| 22 Fri Mar 2024 | 6201.60 | 6129.25 | 6236.00 | 6107.45 | 0.229 times |
My analysis of stock is bearish for shortterm, and stock might move down till 6120.1 or till 6010.5. Use a stoploss of 6211.32 and if the stock hits stoploss, then it can shoot up till 6302.58
Share price targets for Dr Reddy (DrReddy)
| Target Type | Value |
| Downside Target | 5371.75 |
| Downside Target | 5523.45 |
| Downside Target | 5889.90 |
| Upside Target | 6233.95 |
| Upside Target | 6299.70 |
| Upside Target | 6306.25 |
| Upside Target | 6360.05 |
| Upside Target | 6420.00 |
| Upside Target | 6471.00 |
| Upside Target | 6505.50 |
Intraday share price targets for Dr Reddy (DrReddy)
| Target Type | Value |
| Downside Intraday Target | 6127.62 |
| Downside Intraday Target | 6083.83 |
| Upside Intraday Target | 6224.57 |
| Upside Intraday Target | 6277.73 |
| Upside Intraday Target | 6180.78 |
Weekly technical analysis of Dr Reddy (DrReddy)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Mon Apr 2024 | 6171.40 | 6233.95 | 6233.95 | 6137.00 | 0.164 times |
| 05 Fri Apr 2024 | 6175.10 | 6178.90 | 6306.25 | 6050.00 | 0.12 times |
| 28 Thu Mar 2024 | 6155.15 | 6299.70 | 6299.70 | 6035.50 | 6.572 times |
| 22 Fri Mar 2024 | 6201.60 | 6265.00 | 6360.05 | 6022.00 | 1.749 times |
| 15 Fri Mar 2024 | 6286.45 | 6330.40 | 6420.00 | 6200.05 | 0.605 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Dr Reddy (DrReddy)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 08 Mon Apr 2024 | 6171.40 | 6178.90 | 6306.25 | 6050.00 | 0.096 times |
| 28 Thu Mar 2024 | 6155.15 | 6449.00 | 6471.00 | 6022.00 | 2.163 times |
| 29 Thu Feb 2024 | 6420.40 | 6096.95 | 6505.50 | 5952.55 | 0.565 times |
| 31 Wed Jan 2024 | 6121.45 | 5818.95 | 6137.45 | 5523.45 | 0.975 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Dr Reddy (DrReddy)
Price action analysis of Dr Reddy ( (DrReddy) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Dr Reddy ( (DrReddy) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Dr Reddy ( (DrReddy) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Dr Reddy ( (DrReddy) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Dr Reddy stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Dr Reddy in short term and the sell signal is strong.
Dr Reddy Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Dr Reddy in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Dr Reddy is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 6135.41 and Dr Reddy (DrReddy) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Dr Reddy (DrReddy) stock. Volume based technical analysis of Dr Reddy (DrReddy) stock is negative.
Dr Reddy Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Dr Reddy ( (DrReddy) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Dr Reddy ( (DrReddy) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Dr Reddy ( (DrReddy) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Dr Reddy ( (DrReddy) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Dr Reddy stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Dr Reddy in short term and the sell signal is strong.
Dr Reddy Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Dr Reddy in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Dr Reddy is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 6135.41 and Dr Reddy (DrReddy) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Dr Reddy (DrReddy) stock. Volume based technical analysis of Dr Reddy (DrReddy) stock is negative.
Dr Reddy Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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