(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 2024-12-06 View latest technical analysis
10 day averaged volume of Dr Reddy is 52382
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Fri Dec 2024 | 1253.65 | 1248.75 | 1255.00 | 1237.25 | 1.499 times |
| 05 Thu Dec 2024 | 1240.20 | 1219.95 | 1249.15 | 1209.35 | 1.446 times |
| 04 Wed Dec 2024 | 1215.60 | 1228.10 | 1228.10 | 1210.00 | 0.615 times |
| 03 Tue Dec 2024 | 1225.10 | 1229.70 | 1229.70 | 1219.00 | 0.252 times |
| 02 Mon Dec 2024 | 1221.45 | 1210.05 | 1225.40 | 1202.40 | 1.328 times |
| 29 Fri Nov 2024 | 1202.35 | 1207.50 | 1218.45 | 1199.50 | 0.893 times |
| 28 Thu Nov 2024 | 1192.65 | 1200.65 | 1210.40 | 1188.65 | 1.292 times |
| 27 Wed Nov 2024 | 1200.50 | 1217.35 | 1217.35 | 1197.70 | 0.904 times |
| 26 Tue Nov 2024 | 1208.90 | 1209.00 | 1217.80 | 1204.00 | 1.164 times |
| 25 Mon Nov 2024 | 1209.00 | 1237.35 | 1242.15 | 1205.80 | 1.76 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 1259.4 as stoploss in an intra day sell trade for a target of 1228.86. However, stock will show a bullish move above 1259.4.
Share price targets for Dr Reddy (DrReddy)
| Target Type | Value |
| Downside Target | 1171.00 |
| Upside Target | 1255.00 |
| 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 | 1219.03 |
| Downside Intraday Target | 1184.42 |
| Upside Intraday Target | 1271.63 |
| Upside Intraday Target | 1289.62 |
| Downside Intraday Target | 1237.02 |
Weekly technical analysis of Dr Reddy (DrReddy)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Fri Dec 2024 | 1253.65 | 1210.05 | 1255.00 | 1202.40 | 0.855 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 |
| 06 Fri Dec 2024 | 1253.65 | 1210.05 | 1255.00 | 1202.40 | 0.25 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 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 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
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 1218.13 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 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 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
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 1218.13 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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