(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 2024-03-22 View latest technical analysis
10 day averaged volume of Dr Reddy is 6537
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Fri Mar 2024 | 6201.60 | 6129.25 | 6236.00 | 6107.45 | 1.138 times |
| 21 Thu Mar 2024 | 6129.20 | 6167.30 | 6167.30 | 6065.70 | 0.355 times |
| 20 Wed Mar 2024 | 6101.55 | 6111.65 | 6140.20 | 6022.00 | 1.028 times |
| 19 Tue Mar 2024 | 6138.40 | 6360.05 | 6360.05 | 6125.00 | 3.401 times |
| 18 Mon Mar 2024 | 6340.20 | 6265.00 | 6354.05 | 6265.00 | 0.616 times |
| 15 Fri Mar 2024 | 6286.45 | 6290.00 | 6308.25 | 6217.00 | 1.769 times |
| 14 Thu Mar 2024 | 6299.20 | 6200.05 | 6316.95 | 6200.05 | 0.373 times |
| 13 Wed Mar 2024 | 6299.20 | 6270.45 | 6347.35 | 6246.95 | 0.533 times |
| 12 Tue Mar 2024 | 6298.20 | 6399.45 | 6418.85 | 6272.10 | 0.692 times |
| 11 Mon Mar 2024 | 6383.55 | 6330.40 | 6420.00 | 6313.45 | 0.371 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 6196.3 as stoploss in an intra day buy trade for a target of 6296.53. However, stock will show a bearish move below 6196.3.
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 | 6235.00 |
| Upside Target | 6360.05 |
| 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 | 6029.05 |
| Downside Intraday Target | 5856.5 |
| Upside Intraday Target | 6367.1 |
| Upside Intraday Target | 6532.6 |
| Downside Intraday Target | 6194.55 |
Weekly technical analysis of Dr Reddy (DrReddy)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 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 |
| 23 Fri Feb 2024 | 6445.00 | 6324.95 | 6494.95 | 6235.00 | 0.471 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 |
| 22 Fri Mar 2024 | 6201.60 | 6449.00 | 6471.00 | 6022.00 | 0.674 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 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 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 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
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Dr Reddy is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 6212.77 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 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 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 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
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Dr Reddy is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 6212.77 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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