(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 2024-04-12 View latest technical analysis
10 day averaged volume of Dr Reddy is 6545
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Fri Apr 2024 | 6084.45 | 6199.45 | 6199.45 | 6075.00 | 3.25 times |
| 10 Wed Apr 2024 | 6159.40 | 6215.35 | 6215.35 | 6144.70 | 1.004 times |
| 09 Tue Apr 2024 | 6168.05 | 6178.65 | 6229.00 | 6155.50 | 0.365 times |
| 08 Mon Apr 2024 | 6171.40 | 6233.95 | 6233.95 | 6137.00 | 0.847 times |
| 05 Fri Apr 2024 | 6175.10 | 6143.00 | 6306.25 | 6143.00 | 1.746 times |
| 04 Thu Apr 2024 | 6141.20 | 6159.00 | 6170.00 | 6050.00 | 1.044 times |
| 03 Wed Apr 2024 | 6122.45 | 6274.55 | 6274.55 | 6112.10 | 0.735 times |
| 02 Tue Apr 2024 | 6234.90 | 6252.95 | 6269.95 | 6207.45 | 0.792 times |
| 01 Mon Apr 2024 | 6250.85 | 6178.90 | 6282.10 | 6160.00 | 0.835 times |
| 28 Thu Mar 2024 | 6155.15 | 6096.35 | 6211.45 | 6081.75 | 2.094 times |
Stock of Dr Reddy (DrReddy) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 6104.2, but if it comes above 6104.2, then a intra day buy could be more profitable.
If you take a sell trade below 6104.2, then use 6104.2 as stoploss and 6011.3 as target. However if you take a buy trade in stock , then use 6104.2 as stoploss and 6181.67 as target.
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 | 6028.32 |
| Downside Intraday Target | 5972.18 |
| Upside Intraday Target | 6187.27 |
| Upside Intraday Target | 6290.08 |
| Upside Intraday Target | 6131.13 |
Weekly technical analysis of Dr Reddy (DrReddy)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Fri Apr 2024 | 6084.45 | 6233.95 | 6233.95 | 6075.00 | 1.061 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 |
| 12 Fri Apr 2024 | 6084.45 | 6178.90 | 6306.25 | 6050.00 | 0.17 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 down 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Dr Reddy ( (DrReddy) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Dr Reddy ( (DrReddy) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 SELL. Signal strength is Weak and stock is gaining 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 getting stronger in this stock.
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 and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Dr Reddy is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 6149.82 and Dr Reddy (DrReddy) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Dr Reddy ( (DrReddy) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Dr Reddy ( (DrReddy) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 SELL. Signal strength is Weak and stock is gaining 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 getting stronger in this stock.
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 and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Dr Reddy is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 6149.82 and Dr Reddy (DrReddy) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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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