(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 2024-09-19 View latest technical analysis
10 day averaged volume of Dr Reddy is 7700
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Thu Sep 2024 | 6506.80 | 6609.95 | 6611.20 | 6485.00 | 105.145 times |
| 18 Wed Sep 2024 | 6568.25 | 6666.30 | 6666.30 | 6530.15 | 0.85 times |
| 17 Tue Sep 2024 | 6630.85 | 6625.50 | 6663.60 | 6603.30 | 0.895 times |
| 16 Mon Sep 2024 | 6648.25 | 6729.10 | 6729.10 | 6641.00 | 0.56 times |
| 13 Fri Sep 2024 | 6658.60 | 6708.50 | 6708.50 | 6649.35 | 0.792 times |
| 12 Thu Sep 2024 | 6683.90 | 6686.00 | 6700.00 | 6576.10 | 0.604 times |
| 11 Wed Sep 2024 | 6611.10 | 6670.95 | 6750.00 | 6600.00 | 1.181 times |
| 10 Tue Sep 2024 | 6651.85 | 6709.40 | 6709.40 | 6615.70 | 1.107 times |
| 09 Mon Sep 2024 | 6652.70 | 6675.00 | 6718.70 | 6605.05 | 1.328 times |
| 06 Fri Sep 2024 | 6669.75 | 6764.95 | 6764.95 | 6654.20 | 1.642 times |
Stock of Dr Reddy (DrReddy) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 6608, but if it comes above 6608, then a intra day buy could be more profitable.
If you take a sell trade below 6608, then use 6608 as stoploss and 6418.6 as target. However if you take a buy trade in stock , then use 6608 as stoploss and 6765.88 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 | 6418.17 |
| Downside Intraday Target | 6329.53 |
| Upside Intraday Target | 6662.27 |
| Upside Intraday Target | 6817.73 |
| Upside Intraday Target | 6573.63 |
Weekly technical analysis of Dr Reddy (DrReddy)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Thu Sep 2024 | 6506.80 | 6729.10 | 6729.10 | 6485.00 | 21.438 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, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Dr Reddy (DrReddy)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 19 Thu Sep 2024 | 6506.80 | 7031.40 | 7069.85 | 6200.00 | 6.009 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, and volume has increased substantially. This means that the move can 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 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 neutral. A longer time frame might give a better analysis.
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 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 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 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 6517.45 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 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 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 neutral. A longer time frame might give a better analysis.
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 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 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 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 6517.45 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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