(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 2024-09-27 View latest technical analysis
10 day averaged volume of Dr Reddy is 88568
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Fri Sep 2024 | 6754.80 | 6720.00 | 6771.25 | 6663.00 | 0.085 times |
| 26 Thu Sep 2024 | 6743.20 | 6699.10 | 6756.00 | 6664.40 | 0.135 times |
| 25 Wed Sep 2024 | 6693.65 | 6697.70 | 6705.00 | 6596.00 | 0.111 times |
| 24 Tue Sep 2024 | 6650.90 | 6679.85 | 6689.50 | 6585.00 | 0.065 times |
| 23 Mon Sep 2024 | 6649.75 | 6629.80 | 6661.20 | 6580.00 | 0.166 times |
| 20 Fri Sep 2024 | 6552.50 | 6520.60 | 6597.50 | 6489.00 | 0.112 times |
| 19 Thu Sep 2024 | 6506.80 | 6609.95 | 6611.20 | 6485.00 | 9.141 times |
| 18 Wed Sep 2024 | 6568.25 | 6666.30 | 6666.30 | 6530.15 | 0.074 times |
| 17 Tue Sep 2024 | 6630.85 | 6625.50 | 6663.60 | 6603.30 | 0.078 times |
| 16 Mon Sep 2024 | 6648.25 | 6729.10 | 6729.10 | 6641.00 | 0.049 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 6765.8 as stoploss in an intra day sell trade for a target of 6676.78. However, stock will show a bullish move above 6765.8.
Share price targets for Dr Reddy (DrReddy)
| Target Type | Value |
| Downside Target | 5600.05 |
| Downside Target | 6200.00 |
| Downside Target | 6420.00 |
| Downside Target | 6729.10 |
| Upside Target | 6759.00 |
| Upside Target | 6771.25 |
| 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 | 6632.78 |
| Downside Intraday Target | 6510.77 |
| Upside Intraday Target | 6824.03 |
| Upside Intraday Target | 6893.27 |
| Downside Intraday Target | 6702.02 |
Weekly technical analysis of Dr Reddy (DrReddy)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Fri Sep 2024 | 6754.80 | 6629.80 | 6771.25 | 6580.00 | 0.059 times |
| 20 Fri Sep 2024 | 6552.50 | 6729.10 | 6729.10 | 6485.00 | 21.696 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 |
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 |
| 27 Fri Sep 2024 | 6754.80 | 7031.40 | 7069.85 | 6200.00 | 6.398 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Dr Reddy ( (DrReddy) ) based on a short 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.
Price action analysis of Dr Reddy ( (DrReddy) ) based on a short to mid 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 mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Dr Reddy stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Dr Reddy in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Dr Reddy Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls 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 and BUY 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 6520.08 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 rising upwards.
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 is giving positive 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Dr Reddy ( (DrReddy) ) based on a short 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.
Price action analysis of Dr Reddy ( (DrReddy) ) based on a short to mid 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 mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Dr Reddy stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Dr Reddy in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Dr Reddy Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls 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 and BUY 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 6520.08 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 rising upwards.
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 is giving positive 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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