(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 2024-10-01 View latest technical analysis
10 day averaged volume of Dr Reddy is 89698
Date | Daily Closing Price | Open | High | Low | Volume |
01 Tue Oct 2024 | 6746.95 | 6768.95 | 6779.95 | 6676.95 | 0.07 times |
30 Mon Sep 2024 | 6757.90 | 6779.65 | 6789.95 | 6710.30 | 0.158 times |
27 Fri Sep 2024 | 6754.80 | 6720.00 | 6771.25 | 6663.00 | 0.084 times |
26 Thu Sep 2024 | 6743.20 | 6699.10 | 6756.00 | 6664.40 | 0.133 times |
25 Wed Sep 2024 | 6693.65 | 6697.70 | 6705.00 | 6596.00 | 0.109 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 | 0.164 times |
20 Fri Sep 2024 | 6552.50 | 6520.60 | 6597.50 | 6489.00 | 0.111 times |
19 Thu Sep 2024 | 6506.80 | 6609.95 | 6611.20 | 6485.00 | 9.026 times |
18 Wed Sep 2024 | 6568.25 | 6666.30 | 6666.30 | 6530.15 | 0.073 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 6736, but if it comes below 6736, then a intra day sell could be more profitable.
If you take a sell trade below 6736, then use 6736 as stoploss and 6665.78 as target. However if you take a buy trade in stock , then use 6736 as stoploss and 6820.3 as target.
Share price targets for Dr Reddy (DrReddy)
Target Type | Value |
Downside Target | 5600.05 |
Downside Target | 6200.00 |
Downside Target | 6423.00 |
Upside Target | 6759.00 |
Upside Target | 6771.25 |
Upside Target | 6779.95 |
Upside Target | 6789.95 |
Upside Target | 7030.00 |
Upside Target | 7069.85 |
Upside Target | 7101.00 |
Intraday share price targets for Dr Reddy (DrReddy)
Target Type | Value |
Downside Intraday Target | 6685.95 |
Downside Intraday Target | 6624.95 |
Upside Intraday Target | 6798.95 |
Upside Intraday Target | 6850.95 |
Downside Intraday Target | 6737.95 |
Weekly technical analysis of Dr Reddy (DrReddy)
Date | Weekly Closing Price | Open | High | Low | Volume |
01 Tue Oct 2024 | 6746.95 | 6779.65 | 6789.95 | 6676.95 | 0.41 times |
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 |
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 |
01 Tue Oct 2024 | 6746.95 | 6768.95 | 6779.95 | 6676.95 | 0.006 times |
30 Mon Sep 2024 | 6757.90 | 7031.40 | 7069.85 | 6200.00 | 6.491 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 |
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 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 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 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 Weak and stock is gaining 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 tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Dr Reddy in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 6523.96 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 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 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 Weak and stock is gaining 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 tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Dr Reddy in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 6523.96 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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