(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 2024-08-16 View latest technical analysis
10 day averaged volume of Dr Reddy is 8570
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Fri Aug 2024 | 6794.05 | 6805.30 | 6850.05 | 6759.00 | 0.771 times |
| 14 Wed Aug 2024 | 6801.80 | 6989.80 | 6989.80 | 6792.35 | 0.405 times |
| 13 Tue Aug 2024 | 6947.35 | 6944.10 | 6959.95 | 6855.00 | 1.446 times |
| 12 Mon Aug 2024 | 6886.90 | 7000.05 | 7023.80 | 6875.05 | 1.097 times |
| 09 Fri Aug 2024 | 7014.95 | 6989.95 | 7025.60 | 6964.85 | 0.398 times |
| 08 Thu Aug 2024 | 6937.25 | 6935.05 | 7036.25 | 6915.95 | 1.57 times |
| 07 Wed Aug 2024 | 6927.95 | 6889.95 | 6940.75 | 6850.00 | 0.397 times |
| 06 Tue Aug 2024 | 6806.90 | 6817.10 | 6915.00 | 6796.00 | 1.165 times |
| 05 Mon Aug 2024 | 6816.40 | 6824.90 | 6958.65 | 6796.10 | 0.717 times |
| 02 Fri Aug 2024 | 6960.00 | 6885.00 | 6981.80 | 6868.70 | 1.648 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 6766.9 as stoploss in an intra day buy trade for a target of 6850.82. However, stock will show a bearish move below 6766.9.
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 |
| Upside Target | 6796.00 |
| Upside 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 | 6694.1 |
| Downside Intraday Target | 6594.15 |
| Upside Intraday Target | 6958.9 |
| Upside Intraday Target | 7123.75 |
| Upside Intraday Target | 6858.95 |
Weekly technical analysis of Dr Reddy (DrReddy)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Fri Aug 2024 | 6794.05 | 7000.05 | 7023.80 | 6759.00 | 0.876 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 |
| 16 Fri Aug 2024 | 6794.05 | 6800.00 | 7036.25 | 6759.00 | 0.326 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
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 to mid 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 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 SELL. Signal strength is Weak and stock is gaining 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. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Dr Reddy in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Dr Reddy is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 6897.76 and Dr Reddy (DrReddy) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
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 to mid 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 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 SELL. Signal strength is Weak and stock is gaining 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. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Dr Reddy in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Dr Reddy is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 6897.76 and Dr Reddy (DrReddy) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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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