(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 2024-06-05 View latest technical analysis
10 day averaged volume of Dr Reddy is 12897
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Wed Jun 2024 | 5822.90 | 5797.95 | 5882.65 | 5726.85 | 0.867 times |
| 04 Tue Jun 2024 | 5730.85 | 5800.05 | 5827.95 | 5600.05 | 1.953 times |
| 03 Mon Jun 2024 | 5783.85 | 5976.95 | 5976.95 | 5777.35 | 0.379 times |
| 31 Fri May 2024 | 5787.55 | 5880.50 | 5896.25 | 5757.45 | 0.861 times |
| 30 Thu May 2024 | 5876.70 | 5949.00 | 5974.15 | 5832.35 | 2.233 times |
| 29 Wed May 2024 | 5999.70 | 5968.00 | 6015.00 | 5913.05 | 0.327 times |
| 28 Tue May 2024 | 5955.65 | 5884.35 | 6004.60 | 5875.90 | 1.796 times |
| 27 Mon May 2024 | 5884.35 | 5864.50 | 5893.30 | 5797.50 | 0.635 times |
| 24 Fri May 2024 | 5864.50 | 5893.00 | 5910.35 | 5840.30 | 0.291 times |
| 23 Thu May 2024 | 5892.25 | 5900.00 | 5932.00 | 5835.20 | 0.355 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 5795.2 as stoploss in an intra day buy trade for a target of 5858.2. However, stock will show a bearish move below 5795.2.
Share price targets for Dr Reddy (DrReddy)
| Target Type | Value |
| Downside Target | 5600.05 |
| 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 | 5622.98 |
| Downside Intraday Target | 5423.07 |
| Upside Intraday Target | 5999.88 |
| Upside Intraday Target | 6176.87 |
| Downside Intraday Target | 5799.97 |
Weekly technical analysis of Dr Reddy (DrReddy)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Wed Jun 2024 | 5822.90 | 5976.95 | 5976.95 | 5600.05 | 0.547 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 up 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 |
| 05 Wed Jun 2024 | 5822.90 | 5976.95 | 5976.95 | 5600.05 | 0.152 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 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 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 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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 in or above the red cloud Prices appear to be moving up
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 positive zone. This is a BUY 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 5850.45 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 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 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 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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 in or above the red cloud Prices appear to be moving up
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 positive zone. This is a BUY 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 5850.45 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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