(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 10462
| Date | Daily Closing Price | Open | High | Low | Volume |
| 25 Thu Apr 2024 | 6217.15 | 5988.25 | 6259.00 | 5930.00 | 2.674 times |
| 24 Wed Apr 2024 | 5951.20 | 5960.00 | 5991.35 | 5923.00 | 0.654 times |
| 23 Tue Apr 2024 | 5954.10 | 6040.60 | 6063.95 | 5939.55 | 0.205 times |
| 22 Mon Apr 2024 | 6015.00 | 5960.50 | 6062.20 | 5960.50 | 0.711 times |
| 19 Fri Apr 2024 | 5942.65 | 5960.55 | 5970.00 | 5881.15 | 2.517 times |
| 18 Thu Apr 2024 | 5959.10 | 6088.60 | 6121.25 | 5941.00 | 1.22 times |
| 16 Tue Apr 2024 | 6052.00 | 6017.65 | 6071.00 | 5987.00 | 0.875 times |
| 15 Mon Apr 2024 | 6010.00 | 6060.05 | 6070.00 | 5982.50 | 0.928 times |
| 12 Fri Apr 2024 | 6084.45 | 6199.45 | 6199.45 | 6075.00 | 2.033 times |
| 10 Wed Apr 2024 | 6159.40 | 6215.35 | 6215.35 | 6144.70 | 0.628 times |
Stock of Dr Reddy (DrReddy) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 6193.9, but if it comes below 6193.9, then a intra day sell could be more profitable.
If you take a sell trade below 6193.9, then use 6193.9 as stoploss and 6096.94 as target. However if you take a buy trade in stock , then use 6193.9 as stoploss and 6310.2 as target.
Share price targets for Dr Reddy (DrReddy)
| Target Type | Value |
| Downside Target | 5371.75 |
| Downside Target | 5523.45 |
| Downside Target | 5881.15 |
| Downside Target | 6137.45 |
| Upside Target | 6233.95 |
| Upside Target | 6259.00 |
| Upside Target | 6299.70 |
| Upside Target | 6306.25 |
| Upside Target | 6471.00 |
| Upside Target | 6505.50 |
Intraday share price targets for Dr Reddy (DrReddy)
| Target Type | Value |
| Downside Intraday Target | 6007.1 |
| Downside Intraday Target | 5797.05 |
| Upside Intraday Target | 6343.1 |
| Upside Intraday Target | 6469.05 |
| Downside Intraday Target | 6133.05 |
Weekly technical analysis of Dr Reddy (DrReddy)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 25 Thu Apr 2024 | 6217.15 | 5960.50 | 6259.00 | 5923.00 | 0.766 times |
| 19 Fri Apr 2024 | 5942.65 | 6060.05 | 6121.25 | 5881.15 | 1.62 times |
| 12 Fri Apr 2024 | 6084.45 | 6233.95 | 6233.95 | 6075.00 | 1.061 times |
| 05 Fri Apr 2024 | 6175.10 | 6178.90 | 6306.25 | 6050.00 | 0.12 times |
| 28 Thu Mar 2024 | 6155.15 | 6299.70 | 6299.70 | 6035.50 | 6.572 times |
Price has moved up 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 |
| 25 Thu Apr 2024 | 6217.15 | 6178.90 | 6306.25 | 5881.15 | 0.421 times |
| 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 |
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 buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 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 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Dr Reddy in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 6054.82 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 rising upwards.
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 is giving positive 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 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 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Dr Reddy in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 6054.82 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 rising upwards.
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 is giving positive 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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