(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 2024-06-14 View latest technical analysis
10 day averaged volume of Dr Reddy is 14152
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Fri Jun 2024 | 6095.10 | 6129.95 | 6129.95 | 6035.00 | 1.162 times |
| 13 Thu Jun 2024 | 6095.10 | 6129.95 | 6129.95 | 6035.00 | 1.162 times |
| 12 Wed Jun 2024 | 6063.25 | 6037.50 | 6085.00 | 5999.65 | 1.721 times |
| 11 Tue Jun 2024 | 6035.75 | 6101.20 | 6101.20 | 6026.85 | 0.804 times |
| 10 Mon Jun 2024 | 6101.25 | 6065.00 | 6157.00 | 6010.05 | 0.597 times |
| 07 Fri Jun 2024 | 6059.05 | 5895.00 | 6083.80 | 5879.75 | 1.659 times |
| 06 Thu Jun 2024 | 5897.05 | 5868.00 | 5925.00 | 5786.05 | 0.357 times |
| 05 Wed Jun 2024 | 5822.90 | 5797.95 | 5882.65 | 5726.85 | 0.79 times |
| 04 Tue Jun 2024 | 5730.85 | 5800.05 | 5827.95 | 5600.05 | 1.779 times |
| 03 Mon Jun 2024 | 5783.85 | 5976.95 | 5976.95 | 5777.35 | 0.346 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 6038.2, but if it comes below 6038.2, then a intra day sell could be more profitable.
If you take a sell trade below 6038.2, then use 6038.2 as stoploss and 5920.65 as target. However if you take a buy trade in stock , then use 6038.2 as stoploss and 6179.4 as target.
Share price targets for Dr Reddy (DrReddy)
| Target Type | Value |
| Downside Target | 5600.05 |
| Downside Target | 6015.00 |
| Downside Target | 6022.00 |
| Downside Target | 6083.80 |
| Upside Target | 6157.00 |
| Upside Target | 6325.30 |
| 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 | 6010.83 |
| Downside Intraday Target | 5926.57 |
| Upside Intraday Target | 6168.18 |
| Upside Intraday Target | 6241.27 |
| Downside Intraday Target | 6083.92 |
Weekly technical analysis of Dr Reddy (DrReddy)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Fri Jun 2024 | 6095.10 | 6065.00 | 6157.00 | 5999.65 | 1.104 times |
| 07 Fri Jun 2024 | 6059.05 | 5976.95 | 6083.80 | 5600.05 | 0.925 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 |
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 |
| 14 Fri Jun 2024 | 6095.10 | 5976.95 | 6157.00 | 5600.05 | 0.54 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 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 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.
Price action analysis of Dr Reddy ( (DrReddy) ) based on a short to mid 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.
Price action analysis of Dr Reddy ( (DrReddy) ) based on a mid to longer 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.
ADX buy sell signal for Dr Reddy stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Dr Reddy in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Dr Reddy Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Dr Reddy in short term
RSI is generating a SELL signal in short term but selling 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 5979.45 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 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 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.
Price action analysis of Dr Reddy ( (DrReddy) ) based on a short to mid 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.
Price action analysis of Dr Reddy ( (DrReddy) ) based on a mid to longer 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.
ADX buy sell signal for Dr Reddy stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Dr Reddy in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Dr Reddy Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Dr Reddy in short term
RSI is generating a SELL signal in short term but selling 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 5979.45 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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