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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 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.

Click here for Dr Reddy charts

Click here for further forecast and predictions for tomorrow

Daily charts

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