(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 2024-10-15 View latest technical analysis
10 day averaged volume of Dr Reddy is 11103
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Tue Oct 2024 | 6617.90 | 6699.95 | 6699.95 | 6603.90 | 2.937 times |
| 14 Mon Oct 2024 | 6664.65 | 6611.05 | 6689.00 | 6601.30 | 0.774 times |
| 11 Fri Oct 2024 | 6601.25 | 6597.95 | 6621.25 | 6549.00 | 0.98 times |
| 10 Thu Oct 2024 | 6582.45 | 6700.00 | 6700.95 | 6555.00 | 0.846 times |
| 09 Wed Oct 2024 | 6668.95 | 6727.95 | 6752.75 | 6650.00 | 1.61 times |
| 08 Tue Oct 2024 | 6659.65 | 6620.00 | 6666.50 | 6579.10 | 0.485 times |
| 07 Mon Oct 2024 | 6605.70 | 6670.00 | 6708.50 | 6580.05 | 1.472 times |
| 03 Thu Oct 2024 | 6734.70 | 6745.05 | 6796.60 | 6690.00 | 1.315 times |
| 01 Tue Oct 2024 | 6746.95 | 6768.95 | 6779.95 | 6676.95 | 0.564 times |
| 30 Mon Sep 2024 | 6757.90 | 6779.65 | 6789.95 | 6710.30 | 1.277 times |
Stock of Dr Reddy (DrReddy) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, and stock might move down till 6582.2 or till 6498.4. Use a stoploss of 6651.95 and if the stock hits stoploss, then it can shoot up till 6721.73
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 | 6579.48 |
| Downside Intraday Target | 6541.07 |
| Upside Intraday Target | 6678.13 |
| Upside Intraday Target | 6738.37 |
| Upside Intraday Target | 6639.72 |
Weekly technical analysis of Dr Reddy (DrReddy)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Tue Oct 2024 | 6617.90 | 6611.05 | 6699.95 | 6601.30 | 0.688 times |
| 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 |
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 |
| 15 Tue Oct 2024 | 6617.90 | 6768.95 | 6796.60 | 6549.00 | 0.122 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Dr Reddy ( (DrReddy) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
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 Weak and stock is losing momentum.
MACD generated a SELL signal for Dr Reddy in short term and the sell signal is strong.
Dr Reddy Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red 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 but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 6657.01 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Dr Reddy ( (DrReddy) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
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 Weak and stock is losing momentum.
MACD generated a SELL signal for Dr Reddy in short term and the sell signal is strong.
Dr Reddy Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red 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 but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 6657.01 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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