Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-07-26 View latest technical analysis

10 day averaged volume of Dr Reddy is 11840

Date	Daily Closing Price	Open	High	Low	Volume
26 Fri Jul 2024	6892.15	6878.00	6960.00	6795.40	1.004 times
25 Thu Jul 2024	6854.20	6809.35	6872.30	6760.00	0.345 times
24 Wed Jul 2024	6817.15	6937.00	6940.15	6795.90	0.849 times
23 Tue Jul 2024	6864.80	6726.95	6884.00	6721.35	0.438 times
22 Mon Jul 2024	6769.25	6515.50	6780.00	6515.50	1.355 times
19 Fri Jul 2024	6639.05	6714.55	6714.55	6627.60	0.602 times
18 Thu Jul 2024	6665.10	6719.95	6719.95	6592.40	0.524 times
16 Tue Jul 2024	6643.15	6758.95	6777.10	6635.25	0.767 times
15 Mon Jul 2024	6792.80	6787.85	6882.70	6703.25	1.096 times
12 Fri Jul 2024	6721.65	6599.00	6741.90	6564.85	1.253 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 6791.9, but if it comes below 6791.9, then a intra day sell could be more profitable.
If you take a sell trade below 6791.9, then use 6791.9 as stoploss and 6626.59 as target. However if you take a buy trade in stock , then use 6791.9 as stoploss and 6990.3 as target.

Share price targets for Dr Reddy (DrReddy)

Target Type	Value
Downside Target	5600.05
Downside Target	5881.15
Downside Target	6282.80
Downside Target	6471.00
Downside Target	6515.50
Downside Target	6543.20
Downside Target	6592.40
Downside Target	6741.90
Downside Target	6882.70
Upside Target	6960.00

Intraday share price targets for Dr Reddy (DrReddy)

Target Type	Value
Downside Intraday Target	6618.43
Downside Intraday Target	6344.72
Upside Intraday Target	7062.93
Upside Intraday Target	7233.72
Downside Intraday Target	6789.22

Weekly technical analysis of Dr Reddy (DrReddy)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Fri Jul 2024	6892.15	6515.50	6960.00	6515.50	1.335 times
19 Fri Jul 2024	6639.05	6787.85	6882.70	6592.40	0.449 times
12 Fri Jul 2024	6721.65	6522.00	6741.90	6428.35	0.877 times
05 Fri Jul 2024	6522.90	6410.30	6543.20	6282.80	0.805 times
28 Fri Jun 2024	6405.75	5974.00	6423.00	5961.00	1.198 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
26 Fri Jul 2024	6892.15	6410.30	6960.00	6282.80	0.715 times
28 Fri Jun 2024	6405.75	5976.95	6423.00	5600.05	1.293 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

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 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 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 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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Dr Reddy in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up 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 6765.81 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.