(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 2024-08-12 View latest technical analysis
10 day averaged volume of Dr Reddy is 9229
Date | Daily Closing Price | Open | High | Low | Volume |
12 Mon Aug 2024 | 6886.90 | 7000.05 | 7023.80 | 6875.05 | 1.018 times |
09 Fri Aug 2024 | 7014.95 | 6989.95 | 7025.60 | 6964.85 | 0.369 times |
08 Thu Aug 2024 | 6937.25 | 6935.05 | 7036.25 | 6915.95 | 1.458 times |
07 Wed Aug 2024 | 6927.95 | 6889.95 | 6940.75 | 6850.00 | 0.368 times |
06 Tue Aug 2024 | 6806.90 | 6817.10 | 6915.00 | 6796.00 | 1.082 times |
05 Mon Aug 2024 | 6816.40 | 6824.90 | 6958.65 | 6796.10 | 0.666 times |
02 Fri Aug 2024 | 6960.00 | 6885.00 | 6981.80 | 6868.70 | 1.531 times |
01 Thu Aug 2024 | 6894.30 | 6800.00 | 6902.40 | 6762.35 | 1.075 times |
31 Wed Jul 2024 | 6748.95 | 6808.00 | 6825.20 | 6736.60 | 0.519 times |
30 Tue Jul 2024 | 6802.85 | 6894.95 | 6894.95 | 6792.00 | 0.906 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 6928 as stoploss in an intra day sell trade for a target of 6828.71. However, stock will show a bullish move above 6928.
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 | 6875.05 |
Downside Target | 6882.70 |
Upside Target | 6960.00 |
Upside Target | 7023.80 |
Upside Target | 7030.00 |
Upside Target | 7036.25 |
Intraday share price targets for Dr Reddy (DrReddy)
Target Type | Value |
Downside Intraday Target | 6833.37 |
Downside Intraday Target | 6779.83 |
Upside Intraday Target | 6982.12 |
Upside Intraday Target | 7077.33 |
Upside Intraday Target | 6928.58 |
Weekly technical analysis of Dr Reddy (DrReddy)
Date | Weekly Closing Price | Open | High | Low | Volume |
12 Mon Aug 2024 | 6886.90 | 7000.05 | 7023.80 | 6875.05 | 0.258 times |
09 Fri Aug 2024 | 7014.95 | 6824.90 | 7036.25 | 6796.00 | 0.651 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 |
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 |
12 Mon Aug 2024 | 6886.90 | 6800.00 | 7036.25 | 6762.35 | 0.247 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 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 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 losing momentum.
MACD generated a SELL signal for Dr Reddy in short term but the sell signal is initial and weak.
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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Dr Reddy in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying 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 6884.06 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 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 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 losing momentum.
MACD generated a SELL signal for Dr Reddy in short term but the sell signal is initial and weak.
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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Dr Reddy in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying 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 6884.06 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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