(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 2024-03-18 View latest technical analysis
10 day averaged volume of Dr Reddy is 6751
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Mon Mar 2024 | 6340.20 | 6265.00 | 6354.05 | 6265.00 | 0.596 times |
| 15 Fri Mar 2024 | 6286.45 | 6290.00 | 6308.25 | 6217.00 | 1.713 times |
| 14 Thu Mar 2024 | 6299.20 | 6200.05 | 6316.95 | 6200.05 | 0.361 times |
| 13 Wed Mar 2024 | 6299.20 | 6270.45 | 6347.35 | 6246.95 | 0.516 times |
| 12 Tue Mar 2024 | 6298.20 | 6399.45 | 6418.85 | 6272.10 | 0.67 times |
| 11 Mon Mar 2024 | 6383.55 | 6330.40 | 6420.00 | 6313.45 | 0.359 times |
| 07 Thu Mar 2024 | 6323.30 | 6324.95 | 6366.50 | 6304.90 | 0.834 times |
| 06 Wed Mar 2024 | 6315.05 | 6280.45 | 6329.95 | 6188.70 | 0.986 times |
| 05 Tue Mar 2024 | 6305.65 | 6306.95 | 6338.00 | 6236.10 | 2.26 times |
| 04 Mon Mar 2024 | 6335.95 | 6230.45 | 6436.90 | 6230.45 | 1.899 times |
My analysis of stock is bearish for shortterm, and stock might move down till 6277.5 or till 6196.9. Use a stoploss of 6344.7 and if the stock hits stoploss, then it can shoot up till 6411.87
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 | 6354.05 |
| 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 | 6285.45 |
| Downside Intraday Target | 6230.7 |
| Upside Intraday Target | 6374.5 |
| Upside Intraday Target | 6408.8 |
| Downside Intraday Target | 6319.75 |
Weekly technical analysis of Dr Reddy (DrReddy)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Mon Mar 2024 | 6340.20 | 6265.00 | 6354.05 | 6265.00 | 0.165 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 |
| 23 Fri Feb 2024 | 6445.00 | 6324.95 | 6494.95 | 6235.00 | 0.471 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 |
| 18 Mon Mar 2024 | 6340.20 | 6449.00 | 6471.00 | 6175.00 | 0.469 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 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 term time period is neutral. A longer time frame might give a better analysis.
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 BUY. Signal strength is Weak and stock is gaining 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 above the green 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 SELL signal in short term but selling is losing 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 6314.14 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 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 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 term time period is neutral. A longer time frame might give a better analysis.
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 BUY. Signal strength is Weak and stock is gaining 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 above the green 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 SELL signal in short term but selling is losing 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 6314.14 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 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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