(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 9048
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Fri Apr 2024 | 5942.65 | 5960.55 | 5970.00 | 5881.15 | 2.91 times |
| 18 Thu Apr 2024 | 5959.10 | 6088.60 | 6121.25 | 5941.00 | 1.411 times |
| 16 Tue Apr 2024 | 6052.00 | 6017.65 | 6071.00 | 5987.00 | 1.012 times |
| 15 Mon Apr 2024 | 6010.00 | 6060.05 | 6070.00 | 5982.50 | 1.073 times |
| 12 Fri Apr 2024 | 6084.45 | 6199.45 | 6199.45 | 6075.00 | 2.351 times |
| 10 Wed Apr 2024 | 6159.40 | 6215.35 | 6215.35 | 6144.70 | 0.726 times |
| 09 Tue Apr 2024 | 6168.05 | 6178.65 | 6229.00 | 6155.50 | 0.264 times |
| 08 Mon Apr 2024 | 6171.40 | 6233.95 | 6233.95 | 6137.00 | 0.613 times |
| 05 Fri Apr 2024 | 6175.10 | 6143.00 | 6306.25 | 6143.00 | 1.263 times |
| 04 Thu Apr 2024 | 6141.20 | 6159.00 | 6170.00 | 6050.00 | 0.755 times |
Stock of Dr Reddy (DrReddy) has showed a significant fall. This could be a good time to exit from this stock.
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 5941.5, for a target of 6038.1 or 6118.6
Share price targets for Dr Reddy (DrReddy)
| Target Type | Value |
| Downside Target | 5371.75 |
| Downside Target | 5523.45 |
| Downside Target | 5881.15 |
| Upside Target | 6137.45 |
| Upside Target | 6233.95 |
| Upside Target | 6299.70 |
| Upside Target | 6306.25 |
| Upside Target | 6360.05 |
| Upside Target | 6471.00 |
| Upside Target | 6505.50 |
Intraday share price targets for Dr Reddy (DrReddy)
| Target Type | Value |
| Downside Intraday Target | 5842.12 |
| Downside Intraday Target | 5741.58 |
| Upside Intraday Target | 6082.22 |
| Upside Intraday Target | 6221.78 |
| Upside Intraday Target | 5981.68 |
Weekly technical analysis of Dr Reddy (DrReddy)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 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 |
| 22 Fri Mar 2024 | 6201.60 | 6265.00 | 6360.05 | 6022.00 | 1.749 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 |
| 19 Fri Apr 2024 | 5942.65 | 6178.90 | 6306.25 | 5881.15 | 0.312 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 down 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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
ADX buy sell signal for Dr Reddy stock for short term is SELL. Signal strength is Strong 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red 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 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 6050.91 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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
ADX buy sell signal for Dr Reddy stock for short term is SELL. Signal strength is Strong 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red 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 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 6050.91 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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