(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 2024-10-10 View latest technical analysis
10 day averaged volume of Dr Reddy is 10970
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Thu Oct 2024 | 6582.45 | 6700.00 | 6700.95 | 6555.00 | 0.857 times |
| 09 Wed Oct 2024 | 6668.95 | 6727.95 | 6752.75 | 6650.00 | 1.629 times |
| 08 Tue Oct 2024 | 6659.65 | 6620.00 | 6666.50 | 6579.10 | 0.491 times |
| 07 Mon Oct 2024 | 6605.70 | 6670.00 | 6708.50 | 6580.05 | 1.49 times |
| 03 Thu Oct 2024 | 6734.70 | 6745.05 | 6796.60 | 6690.00 | 1.331 times |
| 01 Tue Oct 2024 | 6746.95 | 6768.95 | 6779.95 | 6676.95 | 0.571 times |
| 30 Mon Sep 2024 | 6757.90 | 6779.65 | 6789.95 | 6710.30 | 1.293 times |
| 27 Fri Sep 2024 | 6754.80 | 6720.00 | 6771.25 | 6663.00 | 0.686 times |
| 26 Thu Sep 2024 | 6743.20 | 6699.10 | 6756.00 | 6664.40 | 1.088 times |
| 25 Wed Sep 2024 | 6693.65 | 6697.70 | 6705.00 | 6596.00 | 0.894 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 6586.2, but if it comes above 6586.2, then a intra day buy could be more profitable.
If you take a sell trade below 6586.2, then use 6586.2 as stoploss and 6503 as target. However if you take a buy trade in stock , then use 6586.2 as stoploss and 6655.44 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 | 6752.75 |
| Upside Target | 6759.00 |
| Upside Target | 6771.25 |
| Upside Target | 6796.60 |
| 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 | 6507.38 |
| Downside Intraday Target | 6432.32 |
| Upside Intraday Target | 6705.13 |
| Upside Intraday Target | 6827.82 |
| Upside Intraday Target | 6630.07 |
Weekly technical analysis of Dr Reddy (DrReddy)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Thu Oct 2024 | 6582.45 | 6670.00 | 6752.75 | 6555.00 | 1.398 times |
| 03 Thu Oct 2024 | 6734.70 | 6779.65 | 6796.60 | 6676.95 | 0.704 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 |
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 |
| 10 Thu Oct 2024 | 6582.45 | 6768.95 | 6796.60 | 6555.00 | 0.07 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 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 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 green color and prices are in or below the green 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 SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY 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 6691.79 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 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 green color and prices are in or below the green 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 SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY 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 6691.79 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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