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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 17021

Date Daily Closing Price Open High Low Volume
25 Fri Nov 2022 4418.00 4414.00 4431.15 4389.50 1.366 times
24 Thu Nov 2022 4415.05 4416.05 4441.35 4376.05 0.394 times
23 Wed Nov 2022 4407.20 4395.95 4419.25 4370.65 0.354 times
22 Tue Nov 2022 4361.90 4351.35 4400.00 4326.90 0.663 times
21 Mon Nov 2022 4351.30 4370.00 4389.45 4318.30 1.489 times
18 Fri Nov 2022 4412.15 4450.00 4450.00 4378.00 0.399 times
17 Thu Nov 2022 4411.95 4477.65 4485.40 4392.45 0.413 times
16 Wed Nov 2022 4477.65 4427.10 4540.35 4414.35 1.296 times
15 Tue Nov 2022 4436.65 4363.65 4446.40 4350.20 2.479 times
14 Mon Nov 2022 4365.75 4434.00 4452.90 4318.00 1.845 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 4392.6 as stoploss in an intra day buy trade for a target of 4464.03. However, stock will show a bearish move below 4392.6.

Share price targets for Dr Reddy (DrReddy)

Target Type Value
Downside Target 3996.10
Downside Target 4215.90
Downside Target 4318.00
Upside Target 4445.10
Upside Target 4518.00
Upside Target 4540.35
Upside Target 4613.65
Upside Target 4614.20
Upside Target 4625.00
Upside Target 4645.55

Intraday share price targets for Dr Reddy (DrReddy)

Target Type Value
Downside Intraday Target 4343.75
Downside Intraday Target 4269.5
Upside Intraday Target 4466.8
Upside Intraday Target 4515.6
Downside Intraday Target 4392.55

Weekly technical analysis of Dr Reddy (DrReddy)

Date Weekly Closing Price Open High Low Volume
25 Fri Nov 2022 4418.00 4370.00 4441.35 4318.30 0.663 times
18 Fri Nov 2022 4412.15 4434.00 4540.35 4318.00 1.608 times
11 Fri Nov 2022 4544.70 4524.15 4614.20 4445.10 0.439 times
04 Fri Nov 2022 4524.15 4521.00 4645.55 4344.10 1.238 times
28 Fri Oct 2022 4460.90 4335.10 4518.00 4335.10 8.339 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
25 Fri Nov 2022 4418.00 4459.60 4645.55 4318.00 0.85 times
31 Mon Oct 2022 4431.40 4270.95 4625.00 4215.90 1.197 times
30 Fri Sep 2022 4333.95 4241.95 4406.00 3996.10 0.7 times
30 Tue Aug 2022 4244.60 4125.00 4329.60 4040.00 1.12 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)

Indicator Name Indicator Value Indicator Signal
ADX 20, 21, 3 Sell
MACD 23, 40Sell
Stochastics 37None
CCI 21Buy
RSI 38Sell
OBV 75005Sell
VWAP 4407Buy
ADL 0Sell
ROC -3Sell
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 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 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 in or below 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 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 4406.86 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.

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Daily charts

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