(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 32843
Date | Daily Closing Price | Open | High | Low | Volume |
27 Wed Mar 2024 | 6047.60 | 6150.00 | 6150.00 | 6035.50 | 0.107 times |
26 Tue Mar 2024 | 6126.95 | 6299.70 | 6299.70 | 6107.00 | 8.028 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 | 0.677 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 | 0.352 times |
14 Thu Mar 2024 | 6299.20 | 6200.05 | 6316.95 | 6200.05 | 0.074 times |
13 Wed Mar 2024 | 6299.20 | 6270.45 | 6347.35 | 6246.95 | 0.106 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 6028.7, for a target of 6155.3 or 6260.88
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 | 5955.5 |
Downside Intraday Target | 5863.4 |
Upside Intraday Target | 6219.7 |
Upside Intraday Target | 6391.8 |
Upside Intraday Target | 6127.6 |
Weekly technical analysis of Dr Reddy (DrReddy)
Date | Weekly Closing Price | Open | High | Low | Volume |
27 Wed Mar 2024 | 6047.60 | 6299.70 | 6299.70 | 6035.50 | 6.252 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 |
27 Wed Mar 2024 | 6047.60 | 6449.00 | 6471.00 | 6022.00 | 2.09 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 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 gaining 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 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 and selling is picking up 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 6139.43 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.
Price action analysis of Dr Reddy ( (DrReddy) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 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 gaining 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 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 and selling is picking up 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 6139.43 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.
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