(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 2024-11-08 View latest technical analysis
10 day averaged volume of Dr Reddy is 57608
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Fri Nov 2024 | 1281.85 | 1288.80 | 1290.00 | 1259.60 | 0.423 times |
| 07 Thu Nov 2024 | 1287.15 | 1304.05 | 1311.60 | 1281.00 | 0.739 times |
| 06 Wed Nov 2024 | 1303.00 | 1272.25 | 1322.00 | 1251.50 | 2.292 times |
| 05 Tue Nov 2024 | 1272.55 | 1277.40 | 1279.85 | 1241.40 | 0.736 times |
| 04 Mon Nov 2024 | 1267.95 | 1262.85 | 1276.75 | 1250.10 | 0.812 times |
| 01 Fri Nov 2024 | 1258.55 | 1281.95 | 1285.00 | 1213.20 | 1.127 times |
| 31 Thu Oct 2024 | 1274.25 | 1262.15 | 1283.25 | 1247.40 | 1.129 times |
| 30 Wed Oct 2024 | 1250.20 | 1275.00 | 1275.00 | 1229.10 | 1.561 times |
| 29 Tue Oct 2024 | 1275.10 | 1325.05 | 1333.65 | 1264.25 | 1.156 times |
| 28 Mon Oct 2024 | 1312.40 | 1328.90 | 1328.90 | 1291.60 | 0.379 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 1277.9 as stoploss in an intra day buy trade for a target of 3964.18. However, stock will show a bearish move below 1277.9.
Share price targets for Dr Reddy (DrReddy)
| Target Type | Value |
| Downside Target | 1213.20 |
| Upside Target | 1322.00 |
| Upside Target | 6200.00 |
| Upside Target | 6451.10 |
| Upside Target | 6752.75 |
| Upside Target | 6759.00 |
| Upside Target | 6773.45 |
| Upside Target | 6777.85 |
| 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 | 1241.5 |
| Downside Intraday Target | 1201.15 |
| Upside Intraday Target | 1322.1 |
| Upside Intraday Target | 1362.35 |
| Downside Intraday Target | 1281.75 |
Weekly technical analysis of Dr Reddy (DrReddy)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Fri Nov 2024 | 1281.85 | 1262.85 | 1322.00 | 1241.40 | 0.934 times |
| 01 Fri Nov 2024 | 1258.55 | 1328.90 | 1333.65 | 1213.20 | 6.527 times |
| 25 Fri Oct 2024 | 6514.15 | 6753.05 | 6773.45 | 6451.10 | 0.55 times |
| 18 Fri Oct 2024 | 6749.35 | 6611.05 | 6777.85 | 6601.30 | 1.434 times |
| 11 Fri Oct 2024 | 6601.25 | 6670.00 | 6752.75 | 6549.00 | 1.709 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 |
| 08 Fri Nov 2024 | 1281.85 | 1281.95 | 1322.00 | 1213.20 | 0.772 times |
| 31 Thu Oct 2024 | 1274.25 | 6768.95 | 6796.60 | 1229.10 | 0.459 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 |
Scroll below to view daily charts
Price has moved up 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 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 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.
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 LOWS in short term which reflects strong selling momentum. 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 but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 1277.39 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 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 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 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 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.
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 LOWS in short term which reflects strong selling momentum. 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 but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 1277.39 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 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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