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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)

10 day averaged volume of Dr Reddy is 19376

Date Daily Closing Price Open High Low Volume
24 Mon Jun 2024 6008.70 5974.00 6053.95 5961.00 0.896 times
21 Fri Jun 2024 6008.70 5974.00 6053.95 5961.00 0.896 times
20 Thu Jun 2024 5963.25 5953.95 5994.85 5889.00 0.502 times
19 Wed Jun 2024 5954.80 5997.90 5997.90 5920.50 0.959 times
18 Tue Jun 2024 5993.95 6028.90 6050.00 5982.00 2.454 times
14 Fri Jun 2024 6095.10 6129.95 6129.95 6035.00 0.848 times
13 Thu Jun 2024 6095.10 6129.95 6129.95 6035.00 0.848 times
12 Wed Jun 2024 6063.25 6037.50 6085.00 5999.65 1.257 times
11 Tue Jun 2024 6035.75 6101.20 6101.20 6026.85 0.587 times
10 Mon Jun 2024 6101.25 6065.00 6157.00 6010.05 0.436 times

My analysis of stock is bullish for shortterm, and stock might move up till 6065.1 or till 6196.1. Use a stoploss of 5955.88 and if this stock hits its stoploss, then it can fall down till 5846.67

Share price targets for Dr Reddy (DrReddy)

Target Type Value
Downside Target 5600.05
Downside Target 5881.15
Upside Target 6053.95
Upside Target 6083.80
Upside Target 6157.00
Upside Target 6325.30
Upside Target 6420.00
Upside Target 6471.00
Upside Target 6505.50

Intraday share price targets for Dr Reddy (DrReddy)

Target Type Value
Downside Intraday Target 5961.82
Downside Intraday Target 5914.93
Upside Intraday Target 6054.77
Upside Intraday Target 6100.83
Downside Intraday Target 6007.88

Weekly technical analysis of Dr Reddy (DrReddy)

Date Weekly Closing Price Open High Low Volume
24 Mon Jun 2024 6008.70 5974.00 6053.95 5961.00 0.186 times
21 Fri Jun 2024 6008.70 6028.90 6053.95 5889.00 1.21 times
14 Fri Jun 2024 6095.10 6065.00 6157.00 5999.65 1.104 times
07 Fri Jun 2024 6059.05 5976.95 6083.80 5600.05 0.925 times
31 Fri May 2024 5787.55 5864.50 6015.00 5757.45 2.292 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
24 Mon Jun 2024 6008.70 5976.95 6157.00 5600.05 0.946 times
31 Fri May 2024 5787.55 6201.55 6420.00 5710.50 1.364 times
30 Tue Apr 2024 6205.10 6178.90 6325.30 5881.15 0.489 times
28 Thu Mar 2024 6155.15 6449.00 6471.00 6022.00 2.163 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 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 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 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 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 BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Dr Reddy in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Dr Reddy Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears 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 coming down

CCI has generated a SELL signal for Dr Reddy in short term

RSI is generating a SELL signal in short term but selling is losing 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 6025.3 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.

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 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 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 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 BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Dr Reddy in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Dr Reddy Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears 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 coming down

CCI has generated a SELL signal for Dr Reddy in short term

RSI is generating a SELL signal in short term but selling is losing 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 6025.3 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.

Click here for Dr Reddy charts

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Daily charts

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