(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)
Showing technical analysis as on 2024-03-05 View latest technical analysis
10 day averaged volume of Dr Reddy is 7350
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Tue Mar 2024 | 6305.65 | 6306.95 | 6338.00 | 6236.10 | 2.076 times |
| 04 Mon Mar 2024 | 6335.95 | 6230.45 | 6436.90 | 6230.45 | 1.744 times |
| 02 Sat Mar 2024 | 6241.00 | 6277.95 | 6280.00 | 6200.00 | 0.369 times |
| 01 Fri Mar 2024 | 6197.40 | 6449.00 | 6471.00 | 6175.00 | 2.313 times |
| 29 Thu Feb 2024 | 6420.40 | 6400.00 | 6472.00 | 6358.05 | 0.858 times |
| 28 Wed Feb 2024 | 6426.75 | 6454.95 | 6505.50 | 6396.80 | 0.536 times |
| 27 Tue Feb 2024 | 6449.00 | 6438.30 | 6461.75 | 6387.30 | 0.342 times |
| 26 Mon Feb 2024 | 6438.50 | 6400.35 | 6490.00 | 6380.00 | 0.938 times |
| 23 Fri Feb 2024 | 6445.00 | 6362.00 | 6494.95 | 6362.00 | 1.353 times |
| 22 Thu Feb 2024 | 6363.90 | 6384.45 | 6384.45 | 6235.00 | 0.868 times |
Stock of Dr Reddy (DrReddy) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, and stock might move down till 6238.2 or till 6129.3. Use a stoploss of 6328.85 and if the stock hits stoploss, then it can shoot up till 6419.55
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 |
| Downside Target | 6137.45 |
| Downside Target | 6235.00 |
| Upside Target | 6411.45 |
| Upside Target | 6436.90 |
| Upside Target | 6471.00 |
| Upside Target | 6494.95 |
| Upside Target | 6505.50 |
Intraday share price targets for Dr Reddy (DrReddy)
| Target Type | Value |
| Downside Intraday Target | 6211.77 |
| Downside Intraday Target | 6117.88 |
| Upside Intraday Target | 6418.22 |
| Upside Intraday Target | 6530.78 |
| Upside Intraday Target | 6324.33 |
Weekly technical analysis of Dr Reddy (DrReddy)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Tue Mar 2024 | 6305.65 | 6230.45 | 6436.90 | 6230.45 | 0.713 times |
| 02 Sat Mar 2024 | 6241.00 | 6400.35 | 6505.50 | 6175.00 | 1.201 times |
| 23 Fri Feb 2024 | 6445.00 | 6324.95 | 6494.95 | 6235.00 | 0.471 times |
| 16 Fri Feb 2024 | 6316.20 | 6200.05 | 6411.45 | 6172.00 | 2.024 times |
| 09 Fri Feb 2024 | 6152.45 | 6000.45 | 6203.70 | 5998.60 | 0.295 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 |
| 05 Tue Mar 2024 | 6305.65 | 6449.00 | 6471.00 | 6175.00 | 0.253 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, 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 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 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Dr Reddy in short term but the sell signal is initial and weak.
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 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 BUY signal in short term and the buying is gaining 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 6336.78 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 positive
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 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 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Dr Reddy in short term but the sell signal is initial and weak.
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 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 BUY signal in short term and the buying is gaining 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 6336.78 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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