(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 2024-10-11 View latest technical analysis
10 day averaged volume of Dr Reddy is 11330
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Fri Oct 2024 | 6601.25 | 6597.95 | 6621.25 | 6549.00 | 0.961 times |
| 10 Thu Oct 2024 | 6582.45 | 6700.00 | 6700.95 | 6555.00 | 0.829 times |
| 09 Wed Oct 2024 | 6668.95 | 6727.95 | 6752.75 | 6650.00 | 1.578 times |
| 08 Tue Oct 2024 | 6659.65 | 6620.00 | 6666.50 | 6579.10 | 0.475 times |
| 07 Mon Oct 2024 | 6605.70 | 6670.00 | 6708.50 | 6580.05 | 1.442 times |
| 03 Thu Oct 2024 | 6734.70 | 6745.05 | 6796.60 | 6690.00 | 1.289 times |
| 01 Tue Oct 2024 | 6746.95 | 6768.95 | 6779.95 | 6676.95 | 0.552 times |
| 30 Mon Sep 2024 | 6757.90 | 6779.65 | 6789.95 | 6710.30 | 1.251 times |
| 27 Fri Sep 2024 | 6754.80 | 6720.00 | 6771.25 | 6663.00 | 0.665 times |
| 26 Thu Sep 2024 | 6743.20 | 6699.10 | 6756.00 | 6664.40 | 1.053 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 6585.3 as stoploss in an intra day buy trade for a target of 6654.95. However, stock will show a bearish move below 6585.3.
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 | 6515.92 |
| Downside Intraday Target | 6430.58 |
| Upside Intraday Target | 6719.67 |
| Upside Intraday Target | 6838.08 |
| Upside Intraday Target | 6634.33 |
Weekly technical analysis of Dr Reddy (DrReddy)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Fri Oct 2024 | 6601.25 | 6670.00 | 6752.75 | 6549.00 | 1.709 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, 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 |
| 11 Fri Oct 2024 | 6601.25 | 6768.95 | 6796.60 | 6549.00 | 0.081 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 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 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 red color and prices are below the red cloud Prices appear to be moving up
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 6683.01 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 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 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 red color and prices are below the red cloud Prices appear to be moving up
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 6683.01 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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