(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 2024-08-07 View latest technical analysis
10 day averaged volume of Dr Reddy is 9805
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Wed Aug 2024 | 6927.95 | 6889.95 | 6940.75 | 6850.00 | 0.347 times |
| 06 Tue Aug 2024 | 6806.90 | 6817.10 | 6915.00 | 6796.00 | 1.018 times |
| 05 Mon Aug 2024 | 6816.40 | 6824.90 | 6958.65 | 6796.10 | 0.626 times |
| 02 Fri Aug 2024 | 6960.00 | 6885.00 | 6981.80 | 6868.70 | 1.441 times |
| 01 Thu Aug 2024 | 6894.30 | 6800.00 | 6902.40 | 6762.35 | 1.012 times |
| 31 Wed Jul 2024 | 6748.95 | 6808.00 | 6825.20 | 6736.60 | 0.489 times |
| 30 Tue Jul 2024 | 6802.85 | 6894.95 | 6894.95 | 6792.00 | 0.852 times |
| 29 Mon Jul 2024 | 6840.05 | 7030.00 | 7030.00 | 6740.00 | 1.907 times |
| 26 Fri Jul 2024 | 6892.15 | 6878.00 | 6960.00 | 6795.40 | 1.212 times |
| 25 Thu Jul 2024 | 6854.20 | 6809.35 | 6872.30 | 6760.00 | 0.417 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 6888.4, but if it comes below 6888.4, then a intra day sell could be more profitable.
If you take a sell trade below 6888.4, then use 6888.4 as stoploss and 6782.32 as target. However if you take a buy trade in stock , then use 6888.4 as stoploss and 7015.7 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 | 6762.35 |
| Downside Target | 6796.00 |
| Downside Target | 6882.70 |
| Upside Target | 6958.65 |
| Upside Target | 6960.00 |
| Upside Target | 6981.80 |
| Upside Target | 7030.00 |
Intraday share price targets for Dr Reddy (DrReddy)
| Target Type | Value |
| Downside Intraday Target | 6829.75 |
| Downside Intraday Target | 6731.55 |
| Upside Intraday Target | 6992.4 |
| Upside Intraday Target | 7056.85 |
| Downside Intraday Target | 6894.2 |
Weekly technical analysis of Dr Reddy (DrReddy)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Wed Aug 2024 | 6927.95 | 6824.90 | 6958.65 | 6796.00 | 0.349 times |
| 02 Fri Aug 2024 | 6960.00 | 7030.00 | 7030.00 | 6736.60 | 1.183 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 |
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 |
| 07 Wed Aug 2024 | 6927.95 | 6800.00 | 6981.80 | 6762.35 | 0.154 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Dr Reddy ( (DrReddy) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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. Bears 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 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 6861.77 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Dr Reddy ( (DrReddy) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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. Bears 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 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 6861.77 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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