(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 2024-06-03 View latest technical analysis
10 day averaged volume of Dr Reddy is 10900
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Mon Jun 2024 | 5783.85 | 5976.95 | 5976.95 | 5777.35 | 0.449 times |
| 31 Fri May 2024 | 5787.55 | 5880.50 | 5896.25 | 5757.45 | 1.019 times |
| 30 Thu May 2024 | 5876.70 | 5949.00 | 5974.15 | 5832.35 | 2.642 times |
| 29 Wed May 2024 | 5999.70 | 5968.00 | 6015.00 | 5913.05 | 0.387 times |
| 28 Tue May 2024 | 5955.65 | 5884.35 | 6004.60 | 5875.90 | 2.125 times |
| 27 Mon May 2024 | 5884.35 | 5864.50 | 5893.30 | 5797.50 | 0.751 times |
| 24 Fri May 2024 | 5864.50 | 5893.00 | 5910.35 | 5840.30 | 0.345 times |
| 23 Thu May 2024 | 5892.25 | 5900.00 | 5932.00 | 5835.20 | 0.42 times |
| 22 Wed May 2024 | 5872.65 | 5844.05 | 5905.25 | 5794.00 | 1.385 times |
| 21 Tue May 2024 | 5780.70 | 5814.80 | 5833.40 | 5775.00 | 0.872 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 5788.3, but if it comes above 5788.3, then a intra day buy could be more profitable.
If you take a sell trade below 5788.3, then use 5788.3 as stoploss and 5658.8 as target. However if you take a buy trade in stock , then use 5788.3 as stoploss and 5896.3 as target.
Share price targets for Dr Reddy (DrReddy)
| Target Type | Value |
| Downside Target | 5710.50 |
| Upside Target | 5976.95 |
| Upside Target | 6015.00 |
| Upside Target | 6022.00 |
| Upside Target | 6325.30 |
| Upside Target | 6410.35 |
| 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 | 5715.15 |
| Downside Intraday Target | 5646.45 |
| Upside Intraday Target | 5914.75 |
| Upside Intraday Target | 6045.65 |
| Upside Intraday Target | 5846.05 |
Weekly technical analysis of Dr Reddy (DrReddy)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Mon Jun 2024 | 5783.85 | 5976.95 | 5976.95 | 5777.35 | 0.065 times |
| 31 Fri May 2024 | 5787.55 | 5864.50 | 6015.00 | 5757.45 | 2.292 times |
| 24 Fri May 2024 | 5864.50 | 5814.80 | 5932.00 | 5775.00 | 0.918 times |
| 18 Sat May 2024 | 5814.80 | 5927.00 | 5964.65 | 5710.50 | 0.393 times |
| 10 Fri May 2024 | 5916.80 | 6410.35 | 6410.35 | 5820.00 | 1.646 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 |
| 03 Mon Jun 2024 | 5783.85 | 5976.95 | 5976.95 | 5777.35 | 0.018 times |
| 31 Fri May 2024 | 5787.55 | 6201.55 | 6420.00 | 5710.50 | 1.364 times |
| 30 Tue Apr 2024 | 6205.10 | 6178.90 | 6325.30 | 5881.15 | 0.489 times |
| 28 Thu Mar 2024 | 6155.15 | 6449.00 | 6471.00 | 6022.00 | 2.163 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 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 mid to longer 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.
ADX buy sell signal for Dr Reddy stock for short term is SELL. 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 buy signal for Dr Reddy in short term but BUY 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 5876.86 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 has given negative 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 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 mid to longer 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.
ADX buy sell signal for Dr Reddy stock for short term is SELL. 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 buy signal for Dr Reddy in short term but BUY 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 5876.86 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 has given negative 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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