(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 2024-11-28 View latest technical analysis
10 day averaged volume of Dr Reddy is 59058
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Thu Nov 2024 | 1192.65 | 1200.65 | 1210.40 | 1188.65 | 1.146 times |
| 27 Wed Nov 2024 | 1200.50 | 1217.35 | 1217.35 | 1197.70 | 0.801 times |
| 26 Tue Nov 2024 | 1208.90 | 1209.00 | 1217.80 | 1204.00 | 1.033 times |
| 25 Mon Nov 2024 | 1209.00 | 1237.35 | 1242.15 | 1205.80 | 1.561 times |
| 22 Fri Nov 2024 | 1213.90 | 1195.05 | 1222.85 | 1194.00 | 0.307 times |
| 21 Thu Nov 2024 | 1194.55 | 1175.05 | 1207.20 | 1175.00 | 1.1 times |
| 19 Tue Nov 2024 | 1213.95 | 1191.05 | 1231.75 | 1187.20 | 0.534 times |
| 18 Mon Nov 2024 | 1193.35 | 1195.60 | 1221.00 | 1171.00 | 1.057 times |
| 14 Thu Nov 2024 | 1226.05 | 1254.55 | 1254.55 | 1222.25 | 0.599 times |
| 13 Wed Nov 2024 | 1245.70 | 1259.30 | 1263.50 | 1239.00 | 0.913 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1206.4, but if it comes above 1206.4, then a intra day buy could be more profitable.
If you take a sell trade below 1206.4, then use 1206.4 as stoploss and 1163.4 as target. However if you take a buy trade in stock , then use 1206.4 as stoploss and 1242.27 as target.
Share price targets for Dr Reddy (DrReddy)
| Target Type | Value |
| Downside Target | 1171.00 |
| Upside Target | 1213.20 |
| Upside Target | 1299.45 |
| Upside Target | 1333.65 |
| Upside Target | 6200.00 |
| Upside Target | 6282.80 |
| Upside Target | 6759.00 |
| 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 | 1173.48 |
| Downside Intraday Target | 1154.32 |
| Upside Intraday Target | 1226.98 |
| Upside Intraday Target | 1261.32 |
| Upside Intraday Target | 1207.82 |
Weekly technical analysis of Dr Reddy (DrReddy)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Thu Nov 2024 | 1192.65 | 1237.35 | 1242.15 | 1188.65 | 1.514 times |
| 22 Fri Nov 2024 | 1213.90 | 1195.60 | 1231.75 | 1171.00 | 0.762 times |
| 14 Thu Nov 2024 | 1226.05 | 1299.45 | 1299.45 | 1222.25 | 0.807 times |
| 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 |
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 |
| 28 Thu Nov 2024 | 1192.65 | 1281.95 | 1322.00 | 1171.00 | 2.254 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 down this month, and volume has increased substantially. This means that the move can 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 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 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 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 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 1207.87 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 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 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 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 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 1207.87 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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