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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 2024-10-01 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.

Click here for Dr Reddy charts

Click here for further forecast and predictions for tomorrow

Daily charts

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