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(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 2024-09-16 View latest technical analysis

10 day averaged volume of Dr Reddy is 9470

Date Daily Closing Price Open High Low Volume
16 Mon Sep 2024 6648.25 6729.10 6729.10 6641.00 0.455 times
13 Fri Sep 2024 6658.60 6708.50 6708.50 6649.35 0.644 times
12 Thu Sep 2024 6683.90 6686.00 6700.00 6576.10 0.491 times
11 Wed Sep 2024 6611.10 6670.95 6750.00 6600.00 0.96 times
10 Tue Sep 2024 6651.85 6709.40 6709.40 6615.70 0.9 times
09 Mon Sep 2024 6652.70 6675.00 6718.70 6605.05 1.08 times
06 Fri Sep 2024 6669.75 6764.95 6764.95 6654.20 1.335 times
05 Thu Sep 2024 6697.70 6817.85 6848.55 6686.60 0.846 times
04 Wed Sep 2024 6786.20 6200.00 6847.90 6200.00 1.978 times
03 Tue Sep 2024 6854.45 6927.95 6927.95 6850.05 0.396 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 6678.9, but if it comes above 6678.9, then a intra day buy could be more profitable.
If you take a sell trade below 6678.9, then use 6678.9 as stoploss and 6497 as target. However if you take a buy trade in stock , then use 6678.9 as stoploss and 6830.46 as target.

Share price targets for Dr Reddy (DrReddy)

Target Type Value
Downside Target 5600.05
Downside Target 6200.00
Downside Target 6420.00
Downside Target 6576.10
Upside Target 6800.85
Upside Target 6890.15
Upside Target 7030.00
Upside Target 7047.40
Upside Target 7069.85
Upside Target 7101.00

Intraday share price targets for Dr Reddy (DrReddy)

Target Type Value
Downside Intraday Target 6616.47
Downside Intraday Target 6584.68
Upside Intraday Target 6704.57
Upside Intraday Target 6760.88
Upside Intraday Target 6672.78

Weekly technical analysis of Dr Reddy (DrReddy)

Date Weekly Closing Price Open High Low Volume
16 Mon Sep 2024 6648.25 6729.10 6729.10 6641.00 0.112 times
13 Fri Sep 2024 6658.60 6675.00 6750.00 6576.10 0.688 times
06 Fri Sep 2024 6669.75 7031.40 7069.85 6200.00 1.94 times
30 Fri Aug 2024 7029.20 6893.30 7047.40 6890.15 0.898 times
23 Fri Aug 2024 6953.20 6800.85 7101.00 6800.85 1.011 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 Mon Sep 2024 6648.25 7031.40 7069.85 6200.00 0.645 times
30 Fri Aug 2024 7029.20 6800.00 7101.00 6759.00 0.542 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

Scroll below to view daily charts

Price has moved down 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 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 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 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 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 Strong and stock is losing momentum.

MACD generated a SELL signal for Dr Reddy in short term and the sell signal is strong.

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 in or below the green cloud Prices appear to be coming down

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

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 6694.65 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 negative.

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 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 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 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 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 Strong and stock is losing momentum.

MACD generated a SELL signal for Dr Reddy in short term and the sell signal is strong.

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 in or below the green cloud Prices appear to be coming down

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

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 6694.65 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Dr Reddy charts

Click here for further forecast and predictions for tomorrow

Daily charts

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