(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 2024-08-19 View latest technical analysis
10 day averaged volume of Dr Reddy is 8239
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Mon Aug 2024 | 6910.25 | 6800.85 | 6924.95 | 6800.85 | 1.158 times |
| 16 Fri Aug 2024 | 6794.05 | 6805.30 | 6850.05 | 6759.00 | 0.802 times |
| 14 Wed Aug 2024 | 6801.80 | 6989.80 | 6989.80 | 6792.35 | 0.421 times |
| 13 Tue Aug 2024 | 6947.35 | 6944.10 | 6959.95 | 6855.00 | 1.504 times |
| 12 Mon Aug 2024 | 6886.90 | 7000.05 | 7023.80 | 6875.05 | 1.141 times |
| 09 Fri Aug 2024 | 7014.95 | 6989.95 | 7025.60 | 6964.85 | 0.414 times |
| 08 Thu Aug 2024 | 6937.25 | 6935.05 | 7036.25 | 6915.95 | 1.634 times |
| 07 Wed Aug 2024 | 6927.95 | 6889.95 | 6940.75 | 6850.00 | 0.413 times |
| 06 Tue Aug 2024 | 6806.90 | 6817.10 | 6915.00 | 6796.00 | 1.212 times |
| 05 Mon Aug 2024 | 6816.40 | 6824.90 | 6958.65 | 6796.10 | 0.745 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 6933.6 as stoploss in an intra day sell trade for a target of 6864.38. However, stock will show a bullish move above 6933.6.
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 | 6800.85 |
| Upside Target | 6924.95 |
| 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 | 6832.42 |
| Downside Intraday Target | 6754.58 |
| Upside Intraday Target | 6956.52 |
| Upside Intraday Target | 7002.78 |
| Downside Intraday Target | 6878.68 |
Weekly technical analysis of Dr Reddy (DrReddy)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Mon Aug 2024 | 6910.25 | 6800.85 | 6924.95 | 6800.85 | 0.299 times |
| 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 |
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 |
| 19 Mon Aug 2024 | 6910.25 | 6800.00 | 7036.25 | 6759.00 | 0.36 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 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 to mid 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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 but BUY signal is weak.
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
Although the stock is in the BUY zone, but buying 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 6887.99 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 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 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 to mid 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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 but BUY signal is weak.
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
Although the stock is in the BUY zone, but buying 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 6887.99 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 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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