(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 2024-03-13 View latest technical analysis
10 day averaged volume of Dr Reddy is 7727
Date | Daily Closing Price | Open | High | Low | Volume |
13 Wed Mar 2024 | 6299.20 | 6270.45 | 6347.35 | 6246.95 | 0.45 times |
12 Tue Mar 2024 | 6298.20 | 6399.45 | 6418.85 | 6272.10 | 0.586 times |
11 Mon Mar 2024 | 6383.55 | 6330.40 | 6420.00 | 6313.45 | 0.314 times |
07 Thu Mar 2024 | 6323.30 | 6324.95 | 6366.50 | 6304.90 | 0.729 times |
06 Wed Mar 2024 | 6315.05 | 6280.45 | 6329.95 | 6188.70 | 0.861 times |
05 Tue Mar 2024 | 6305.65 | 6306.95 | 6338.00 | 6236.10 | 1.975 times |
04 Mon Mar 2024 | 6335.95 | 6230.45 | 6436.90 | 6230.45 | 1.659 times |
02 Sat Mar 2024 | 6241.00 | 6277.95 | 6280.00 | 6200.00 | 0.351 times |
01 Fri Mar 2024 | 6197.40 | 6449.00 | 6471.00 | 6175.00 | 2.2 times |
29 Thu Feb 2024 | 6420.40 | 6400.00 | 6472.00 | 6358.05 | 0.816 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 6277.4 as stoploss in an intra day buy trade for a target of 6347.68. However, stock will show a bearish move below 6277.4.
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 |
Upside Target | 6411.45 |
Upside Target | 6420.00 |
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 | 6224.1 |
Downside Intraday Target | 6149 |
Upside Intraday Target | 6397.15 |
Upside Intraday Target | 6495.1 |
Upside Intraday Target | 6322.05 |
Weekly technical analysis of Dr Reddy (DrReddy)
Date | Weekly Closing Price | Open | High | Low | Volume |
13 Wed Mar 2024 | 6299.20 | 6330.40 | 6420.00 | 6246.95 | 0.258 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 |
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 |
Price has moved down 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 |
13 Wed Mar 2024 | 6299.20 | 6449.00 | 6471.00 | 6175.00 | 0.374 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 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 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
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 6297.72 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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 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 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
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 6297.72 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 positive
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