(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 2024-12-05 View latest technical analysis
10 day averaged volume of Dr Reddy is 51300
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Thu Dec 2024 | 1240.20 | 1219.95 | 1249.15 | 1209.35 | 1.477 times |
| 04 Wed Dec 2024 | 1215.60 | 1228.10 | 1228.10 | 1210.00 | 0.628 times |
| 03 Tue Dec 2024 | 1225.10 | 1229.70 | 1229.70 | 1219.00 | 0.257 times |
| 02 Mon Dec 2024 | 1221.45 | 1210.05 | 1225.40 | 1202.40 | 1.356 times |
| 29 Fri Nov 2024 | 1202.35 | 1207.50 | 1218.45 | 1199.50 | 0.912 times |
| 28 Thu Nov 2024 | 1192.65 | 1200.65 | 1210.40 | 1188.65 | 1.32 times |
| 27 Wed Nov 2024 | 1200.50 | 1217.35 | 1217.35 | 1197.70 | 0.923 times |
| 26 Tue Nov 2024 | 1208.90 | 1209.00 | 1217.80 | 1204.00 | 1.189 times |
| 25 Mon Nov 2024 | 1209.00 | 1237.35 | 1242.15 | 1205.80 | 1.797 times |
| 22 Fri Nov 2024 | 1213.90 | 1195.05 | 1222.85 | 1194.00 | 0.354 times |
My analysis of stock is bullish for shortterm, and stock might move up till 1265.6 or till 1306.6. Use a stoploss of 1231.33 and if this stock hits its stoploss, then it can fall down till 1197.1
Share price targets for Dr Reddy (DrReddy)
| Target Type | Value |
| Downside Target | 1171.00 |
| Upside Target | 1249.15 |
| Upside Target | 1299.45 |
| Upside Target | 1322.00 |
| Upside Target | 6200.00 |
| Upside Target | 6759.00 |
| Upside Target | 6796.60 |
| Upside Target | 7069.85 |
| Upside Target | 7101.00 |
Intraday share price targets for Dr Reddy (DrReddy)
| Target Type | Value |
| Downside Intraday Target | 1212.02 |
| Downside Intraday Target | 1183.83 |
| Upside Intraday Target | 1258.77 |
| Upside Intraday Target | 1277.33 |
| Downside Intraday Target | 1230.58 |
Weekly technical analysis of Dr Reddy (DrReddy)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Thu Dec 2024 | 1240.20 | 1210.05 | 1249.15 | 1202.40 | 0.606 times |
| 29 Fri Nov 2024 | 1202.35 | 1237.35 | 1242.15 | 1188.65 | 1.779 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 |
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 |
| 05 Thu Dec 2024 | 1240.20 | 1210.05 | 1249.15 | 1202.40 | 0.177 times |
| 29 Fri Nov 2024 | 1202.35 | 1281.95 | 1322.00 | 1171.00 | 2.357 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 |
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 losing 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Dr Reddy in short term and BUY 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
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 1212.66 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 rising upwards.
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 is giving positive 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 losing 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Dr Reddy in short term and BUY 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
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 1212.66 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 rising upwards.
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 is giving positive 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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