(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 2024-09-18 View latest technical analysis
10 day averaged volume of Dr Reddy is 8918
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Wed Sep 2024 | 6568.25 | 6666.30 | 6666.30 | 6530.15 | 0.734 times |
| 17 Tue Sep 2024 | 6630.85 | 6625.50 | 6663.60 | 6603.30 | 0.773 times |
| 16 Mon Sep 2024 | 6648.25 | 6729.10 | 6729.10 | 6641.00 | 0.484 times |
| 13 Fri Sep 2024 | 6658.60 | 6708.50 | 6708.50 | 6649.35 | 0.684 times |
| 12 Thu Sep 2024 | 6683.90 | 6686.00 | 6700.00 | 6576.10 | 0.522 times |
| 11 Wed Sep 2024 | 6611.10 | 6670.95 | 6750.00 | 6600.00 | 1.02 times |
| 10 Tue Sep 2024 | 6651.85 | 6709.40 | 6709.40 | 6615.70 | 0.956 times |
| 09 Mon Sep 2024 | 6652.70 | 6675.00 | 6718.70 | 6605.05 | 1.147 times |
| 06 Fri Sep 2024 | 6669.75 | 6764.95 | 6764.95 | 6654.20 | 1.417 times |
| 05 Thu Sep 2024 | 6697.70 | 6817.85 | 6848.55 | 6686.60 | 0.899 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 6637, but if it comes above 6637, then a intra day buy could be more profitable.
If you take a sell trade below 6637, then use 6637 as stoploss and 6454.4 as target. However if you take a buy trade in stock , then use 6637 as stoploss and 6789.18 as target.
Share price targets for Dr Reddy (DrReddy)
| Target Type | Value |
| Downside Target | 5600.05 |
| Downside Target | 6200.00 |
| Downside Target | 6420.00 |
| Upside Target | 6729.10 |
| 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 | 6489.23 |
| Downside Intraday Target | 6410.22 |
| Upside Intraday Target | 6688.18 |
| Upside Intraday Target | 6808.12 |
| Upside Intraday Target | 6609.17 |
Weekly technical analysis of Dr Reddy (DrReddy)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Wed Sep 2024 | 6568.25 | 6729.10 | 6729.10 | 6530.15 | 0.46 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 |
| 18 Wed Sep 2024 | 6568.25 | 7031.40 | 7069.85 | 6200.00 | 0.733 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 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 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 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 gaining 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. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 BUY signal in short term but buying 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 6648.14 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 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 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 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 gaining 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. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 BUY signal in short term but buying 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 6648.14 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.
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