(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 32743
Date | Daily Closing Price | Open | High | Low | Volume |
28 Thu Mar 2024 | 6155.15 | 6096.35 | 6211.45 | 6081.75 | 0.418 times |
27 Wed Mar 2024 | 6047.60 | 6150.00 | 6150.00 | 6035.50 | 0.108 times |
26 Tue Mar 2024 | 6126.95 | 6299.70 | 6299.70 | 6107.00 | 8.053 times |
22 Fri Mar 2024 | 6201.60 | 6129.25 | 6236.00 | 6107.45 | 0.227 times |
21 Thu Mar 2024 | 6129.20 | 6167.30 | 6167.30 | 6065.70 | 0.071 times |
20 Wed Mar 2024 | 6101.55 | 6111.65 | 6140.20 | 6022.00 | 0.205 times |
19 Tue Mar 2024 | 6138.40 | 6360.05 | 6360.05 | 6125.00 | 0.679 times |
18 Mon Mar 2024 | 6340.20 | 6265.00 | 6354.05 | 6265.00 | 0.123 times |
15 Fri Mar 2024 | 6286.45 | 6290.00 | 6308.25 | 6217.00 | 0.353 times |
14 Thu Mar 2024 | 6299.20 | 6200.05 | 6316.95 | 6200.05 | 0.075 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 6146.6 as stoploss in an intra day buy trade for a target of 6247.3. However, stock will show a bearish move below 6146.6.
Share price targets for Dr Reddy (DrReddy)
Target Type | Value |
Downside Target | 5246.80 |
Downside Target | 5371.75 |
Downside Target | 5523.45 |
Downside Target | 5798.95 |
Upside Target | 6200.05 |
Upside Target | 6299.70 |
Upside Target | 6360.05 |
Upside Target | 6420.00 |
Upside Target | 6436.90 |
Upside Target | 6471.00 |
Upside Target | 6505.50 |
Intraday share price targets for Dr Reddy (DrReddy)
Target Type | Value |
Downside Intraday Target | 6027.2 |
Downside Intraday Target | 5899.25 |
Upside Intraday Target | 6291.4 |
Upside Intraday Target | 6427.65 |
Upside Intraday Target | 6163.45 |
Weekly technical analysis of Dr Reddy (DrReddy)
Date | Weekly Closing Price | Open | High | Low | Volume |
28 Thu Mar 2024 | 6155.15 | 6299.70 | 6299.70 | 6035.50 | 6.572 times |
22 Fri Mar 2024 | 6201.60 | 6265.00 | 6360.05 | 6022.00 | 1.749 times |
15 Fri Mar 2024 | 6286.45 | 6330.40 | 6420.00 | 6200.05 | 0.605 times |
07 Thu Mar 2024 | 6323.30 | 6230.45 | 6436.90 | 6188.70 | 1.025 times |
02 Sat Mar 2024 | 6241.00 | 6400.35 | 6505.50 | 6175.00 | 1.201 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Dr Reddy (DrReddy)
Date | Monthly Closing Price | Open | High | Low | Volume |
28 Thu Mar 2024 | 6155.15 | 6449.00 | 6471.00 | 6022.00 | 2.163 times |
29 Thu Feb 2024 | 6420.40 | 6096.95 | 6505.50 | 5952.55 | 0.565 times |
31 Wed Jan 2024 | 6121.45 | 5818.95 | 6137.45 | 5523.45 | 0.975 times |
29 Fri Dec 2023 | 5797.90 | 5780.05 | 5889.90 | 5371.75 | 1.108 times |
Scroll below to view daily charts
Price has moved down this month, and volume has increased substantially. This means that the move can 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Dr Reddy stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Dr Reddy in short term and the sell signal is strong.
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 green color and prices are in or below the green 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 but selling is losing 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 6138.42 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 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.
Price action analysis of Dr Reddy ( (DrReddy) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Dr Reddy stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Dr Reddy in short term and the sell signal is strong.
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 green color and prices are in or below the green 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 but selling is losing 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 6138.42 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 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.
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