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(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 2024-11-13 View latest technical analysis

10 day averaged volume of Dr Reddy is 65130

Date Daily Closing Price Open High Low Volume
13 Wed Nov 2024 1245.70 1259.30 1263.50 1239.00 0.828 times
12 Tue Nov 2024 1263.10 1288.00 1288.20 1257.00 1.9 times
11 Mon Nov 2024 1288.20 1299.45 1299.45 1263.35 0.299 times
08 Fri Nov 2024 1281.85 1288.80 1290.00 1259.60 0.375 times
07 Thu Nov 2024 1287.15 1304.05 1311.60 1281.00 0.654 times
06 Wed Nov 2024 1303.00 1272.25 1322.00 1251.50 2.028 times
05 Tue Nov 2024 1272.55 1277.40 1279.85 1241.40 0.651 times
04 Mon Nov 2024 1267.95 1262.85 1276.75 1250.10 0.718 times
01 Fri Nov 2024 1258.55 1281.95 1285.00 1213.20 0.997 times
31 Thu Oct 2024 1274.25 1262.15 1283.25 1247.40 0.999 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 593.3 as stoploss in an intra day buy trade for a target of 3154.42. However, stock will show a bearish move below 593.3.

Share price targets for Dr Reddy (DrReddy)

Target Type Value
Downside Target 1213.20
Upside Target 1299.45
Upside Target 6200.00
Upside Target 6451.10
Upside Target 6601.30
Upside Target 6759.00
Upside Target 6773.45
Upside Target 6777.85
Upside Target 6796.60
Upside Target 7030.00
Upside Target 7069.85
Upside Target 7101.00

Intraday share price targets for Dr Reddy (DrReddy)

Target Type Value
Downside Intraday Target 1223.32
Downside Intraday Target 1200.93
Upside Intraday Target 1283.77
Upside Intraday Target 1321.83
Upside Intraday Target 1261.38

Weekly technical analysis of Dr Reddy (DrReddy)

Date Weekly Closing Price Open High Low Volume
13 Wed Nov 2024 1245.70 1299.45 1299.45 1239.00 0.684 times
08 Fri Nov 2024 1281.85 1262.85 1322.00 1241.40 0.934 times
01 Fri Nov 2024 1258.55 1328.90 1333.65 1213.20 6.527 times
25 Fri Oct 2024 6514.15 6753.05 6773.45 6451.10 0.55 times
18 Fri Oct 2024 6749.35 6611.05 6777.85 6601.30 1.434 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 Nov 2024 1245.70 1281.95 1322.00 1213.20 1.203 times
31 Thu Oct 2024 1274.25 6768.95 6796.60 1229.10 0.459 times
30 Mon Sep 2024 6757.90 7031.40 7069.85 6200.00 6.491 times
30 Fri Aug 2024 7029.20 6800.00 7101.00 6759.00 0.542 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 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 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 1275.06 and Dr Reddy (DrReddy) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 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 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 1275.06 and Dr Reddy (DrReddy) stock is trading below this level. This means that stock is falling with high volumes. 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 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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Daily charts

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