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(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 2025-01-23 View latest technical analysis

10 day averaged volume of Dr Reddy is 80165

Date	Daily Closing Price	Open	High	Low	Volume
23 Thu Jan 2025	1289.35	1293.95	1303.00	1274.90	0.725 times
22 Wed Jan 2025	1296.30	1289.25	1308.30	1288.45	0.459 times
21 Tue Jan 2025	1288.45	1303.00	1312.75	1286.25	0.15 times
20 Mon Jan 2025	1302.05	1306.90	1306.95	1294.00	0.252 times
17 Fri Jan 2025	1309.85	1300.00	1320.25	1287.65	0.516 times
16 Thu Jan 2025	1303.30	1337.50	1345.00	1296.90	0.618 times
15 Wed Jan 2025	1339.20	1340.00	1345.80	1314.90	0.198 times
14 Tue Jan 2025	1337.30	1334.15	1348.10	1323.75	6.533 times
13 Mon Jan 2025	1334.15	1354.00	1354.00	1331.25	0.397 times
10 Fri Jan 2025	1354.20	1365.00	1385.00	1352.40	0.647 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1309.7, but if it comes above 1309.7, then a intra day buy could be more profitable.
If you take a sell trade below 1309.7, then use 1309.7 as stoploss and 1270.4 as target. However if you take a buy trade in stock , then use 1309.7 as stoploss and 1342.44 as target.

Share price targets for Dr Reddy (DrReddy)

Target Type	Value
Downside Target	1171.00
Downside Target	1202.40
Downside Target	1229.10
Downside Target	1274.90
Upside Target	1395.00
Upside Target	1398.70
Upside Target	1404.60
Upside Target	6200.00
Upside Target	6796.60
Upside Target	7069.85

Intraday share price targets for Dr Reddy (DrReddy)

Target Type	Value
Downside Intraday Target	1271.92
Downside Intraday Target	1254.48
Upside Intraday Target	1309.77
Upside Intraday Target	1330.18
Upside Intraday Target	1292.33

Weekly technical analysis of Dr Reddy (DrReddy)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Thu Jan 2025	1289.35	1306.90	1312.75	1274.90	0.192 times
17 Fri Jan 2025	1309.85	1354.00	1354.00	1287.65	1.128 times
10 Fri Jan 2025	1354.20	1364.95	1404.60	1333.25	2.842 times
03 Fri Jan 2025	1352.75	1391.00	1395.00	1347.40	0.335 times
27 Fri Dec 2024	1389.35	1369.15	1398.70	1330.30	1.398 times

Price has moved down 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
23 Thu Jan 2025	1289.35	1390.95	1404.60	1274.90	0.886 times
31 Tue Dec 2024	1388.25	1210.05	1398.70	1202.40	1.555 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

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 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 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 neutral. A longer time frame might give a better analysis.

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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green 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 1328.25 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.