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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)

10 day averaged volume of Dr Reddy is 57724

Date Daily Closing Price Open High Low Volume
07 Fri May 2021 5173.55 5208.00 5249.00 5165.65 0.579 times
06 Thu May 2021 5165.65 5160.60 5250.80 5132.00 0.695 times
05 Wed May 2021 5160.60 5109.00 5200.00 5068.30 1.129 times
04 Tue May 2021 5067.30 5200.00 5235.90 5055.75 0.657 times
03 Mon May 2021 5184.35 5200.00 5207.55 5141.05 1.182 times
30 Fri Apr 2021 5164.30 5120.00 5210.85 5120.00 0.877 times
29 Thu Apr 2021 5101.35 5070.00 5144.25 5043.00 0.866 times
28 Wed Apr 2021 5043.40 5072.15 5104.00 5032.75 0.741 times
27 Tue Apr 2021 5055.35 5094.00 5115.55 5021.05 1.026 times
26 Mon Apr 2021 5069.00 5120.00 5125.00 5028.65 0.934 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 5178.5 as stoploss in an intra day sell trade for a target of 5026.54. However, stock will show a bullish move above 5178.5.

Share price targets for Dr Reddy (DrReddy)

Target Type Value
Downside Target 4135.90
Downside Target 4261.00
Downside Target 4423.20
Downside Target 4550.00
Downside Target 4695.00
Downside Target 4792.00
Downside Target 4909.30
Downside Target 5021.05
Upside Target 5200.00
Upside Target 5250.80
Upside Target 5290.00
Upside Target 5443.35

Intraday share price targets for Dr Reddy (DrReddy)

Target Type Value
Downside Intraday Target 5069.27
Downside Intraday Target 4964.98
Upside Intraday Target 5264.32
Upside Intraday Target 5355.08
Downside Intraday Target 5160.03

Weekly technical analysis of Dr Reddy (DrReddy)

Date Weekly Closing Price Open High Low Volume
07 Fri May 2021 5173.55 5200.00 5250.80 5055.75 0.955 times
30 Fri Apr 2021 5164.30 5120.00 5210.85 5021.05 0.479 times
23 Fri Apr 2021 5066.70 4898.70 5290.00 4805.35 1.149 times
16 Fri Apr 2021 4893.00 4788.00 5200.00 4695.00 1.956 times
09 Fri Apr 2021 4759.50 4587.85 4792.00 4423.20 2.046 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
07 Fri May 2021 5173.55 5200.00 5250.80 5055.75 0.161 times
30 Fri Apr 2021 5164.30 4535.00 5290.00 4423.20 1.884 times
31 Wed Mar 2021 4515.60 4478.90 4582.85 4135.90 0.528 times
26 Fri Feb 2021 4424.60 4577.20 4909.30 4261.00 1.812 times

Scroll below to view daily charts

Price has moved up 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)

Indicator Name Indicator Value Indicator Signal
ADX 26, 11, 41 Buy
MACD 238, 236Buy
Stochastics 59None
CCI 101Buy
RSI 44Sell
OBV 681532Sell
VWAP 5120Buy
ADL 0Sell
ROC 2Buy
Force Index 0Sell

Price action analysis of Dr Reddy ( (DrReddy) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 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 Strong and stock is gaining momentum.

MACD generated a BUY signal for Dr Reddy in short term and the buy signal is strong.

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. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red 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 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 5120.24 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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Daily charts

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