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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 2025-01-29 View latest technical analysis

10 day averaged volume of Dr Reddy is 50843

Date	Daily Closing Price	Open	High	Low	Volume
29 Wed Jan 2025	1181.85	1188.75	1189.00	1174.00	0.445 times
28 Tue Jan 2025	1179.85	1190.05	1197.40	1165.00	0.888 times
27 Mon Jan 2025	1197.40	1224.70	1234.65	1192.00	1.212 times
24 Fri Jan 2025	1224.70	1247.95	1247.95	1203.60	3.298 times
23 Thu Jan 2025	1289.35	1293.95	1303.00	1274.90	1.144 times
22 Wed Jan 2025	1296.30	1289.25	1308.30	1288.45	0.724 times
21 Tue Jan 2025	1288.45	1303.00	1312.75	1286.25	0.236 times
20 Mon Jan 2025	1302.05	1306.90	1306.95	1294.00	0.398 times
17 Fri Jan 2025	1309.85	1300.00	1320.25	1287.65	0.814 times
16 Thu Jan 2025	1303.30	1337.50	1345.00	1296.90	0.975 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 1170.8, for a target of 1244.2 or 1305.4

Share price targets for Dr Reddy (DrReddy)

Target Type	Value
Downside Target	1165.00
Upside Target	1202.40
Upside Target	1229.10
Upside Target	1287.65
Upside Target	1354.00
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	1153.02
Downside Intraday Target	1124.18
Upside Intraday Target	1222.67
Upside Intraday Target	1263.48
Upside Intraday Target	1193.83

Weekly technical analysis of Dr Reddy (DrReddy)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Wed Jan 2025	1181.85	1224.70	1234.65	1165.00	0.439 times
24 Fri Jan 2025	1224.70	1306.90	1312.75	1203.60	0.445 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

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
29 Wed Jan 2025	1181.85	1390.95	1404.60	1165.00	1.063 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 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 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 moving up

CCI has generated a buy signal for Dr Reddy in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 1246.96 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.