(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 2024-08-01 View latest technical analysis
10 day averaged volume of Dr Reddy is 9244
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Thu Aug 2024 | 6894.30 | 6800.00 | 6902.40 | 6762.35 | 1.074 times |
| 31 Wed Jul 2024 | 6748.95 | 6808.00 | 6825.20 | 6736.60 | 0.518 times |
| 30 Tue Jul 2024 | 6802.85 | 6894.95 | 6894.95 | 6792.00 | 0.904 times |
| 29 Mon Jul 2024 | 6840.05 | 7030.00 | 7030.00 | 6740.00 | 2.023 times |
| 26 Fri Jul 2024 | 6892.15 | 6878.00 | 6960.00 | 6795.40 | 1.286 times |
| 25 Thu Jul 2024 | 6854.20 | 6809.35 | 6872.30 | 6760.00 | 0.442 times |
| 24 Wed Jul 2024 | 6817.15 | 6937.00 | 6940.15 | 6795.90 | 1.087 times |
| 23 Tue Jul 2024 | 6864.80 | 6726.95 | 6884.00 | 6721.35 | 0.561 times |
| 22 Mon Jul 2024 | 6769.25 | 6515.50 | 6780.00 | 6515.50 | 1.736 times |
| 19 Fri Jul 2024 | 6639.05 | 6714.55 | 6714.55 | 6627.60 | 0.772 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 6841.8, but if it comes below 6841.8, then a intra day sell could be more profitable.
If you take a sell trade below 6841.8, then use 6841.8 as stoploss and 6713.05 as target. However if you take a buy trade in stock , then use 6841.8 as stoploss and 6996.3 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 | 6736.60 |
| Downside Target | 6741.90 |
| Downside Target | 6762.35 |
| Downside Target | 6882.70 |
| Upside Target | 6902.40 |
| Upside Target | 6960.00 |
| Upside Target | 7030.00 |
Intraday share price targets for Dr Reddy (DrReddy)
| Target Type | Value |
| Downside Intraday Target | 6743.93 |
| Downside Intraday Target | 6593.57 |
| Upside Intraday Target | 7037.33 |
| Upside Intraday Target | 7180.37 |
| Downside Intraday Target | 6886.97 |
Weekly technical analysis of Dr Reddy (DrReddy)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Thu Aug 2024 | 6894.30 | 7030.00 | 7030.00 | 6736.60 | 0.884 times |
| 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 |
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 |
| 01 Thu Aug 2024 | 6894.30 | 6800.00 | 6902.40 | 6762.35 | 0.035 times |
| 31 Wed Jul 2024 | 6748.95 | 6410.30 | 7030.00 | 6282.80 | 0.805 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 |
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 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 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 SELL signal for Dr Reddy in short term but the sell signal is initial and weak.
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. Bulls are getting stronger in this stock.
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 BUY signal in short term and the buying is gaining 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 6817.14 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.
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 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 SELL signal for Dr Reddy in short term but the sell signal is initial and weak.
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. Bulls are getting stronger in this stock.
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 BUY signal in short term and the buying is gaining 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 6817.14 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.
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