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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 8911

Date Daily Closing Price Open High Low Volume
29 Wed May 2024 5999.70 5968.00 6015.00 5913.05 0.473 times
28 Tue May 2024 5955.65 5884.35 6004.60 5875.90 2.599 times
27 Mon May 2024 5884.35 5864.50 5893.30 5797.50 0.919 times
24 Fri May 2024 5864.50 5893.00 5910.35 5840.30 0.422 times
23 Thu May 2024 5892.25 5900.00 5932.00 5835.20 0.514 times
22 Wed May 2024 5872.65 5844.05 5905.25 5794.00 1.694 times
21 Tue May 2024 5780.70 5814.80 5833.40 5775.00 1.066 times
18 Sat May 2024 5814.80 5802.00 5915.95 5802.00 0.067 times
17 Fri May 2024 5799.25 5848.00 5857.10 5792.05 0.627 times
16 Thu May 2024 5840.45 5928.00 5928.00 5710.50 1.187 times

My analysis of stock is bullish for shortterm, and stock might move up till 6146.9 or till 6358.3. Use a stoploss of 5970.84 and if this stock hits its stoploss, then it can fall down till 5794.74

Share price targets for Dr Reddy (DrReddy)

Target Type Value
Downside Target 5523.45
Downside Target 5710.50
Upside Target 6022.00
Upside Target 6137.45
Upside Target 6188.55
Upside Target 6325.30
Upside Target 6410.35
Upside Target 6420.00
Upside Target 6471.00
Upside Target 6505.50

Intraday share price targets for Dr Reddy (DrReddy)

Target Type Value
Downside Intraday Target 5859.8
Downside Intraday Target 5719.9
Upside Intraday Target 6077.3
Upside Intraday Target 6154.9
Downside Intraday Target 5937.4

Weekly technical analysis of Dr Reddy (DrReddy)

Date Weekly Closing Price Open High Low Volume
29 Wed May 2024 5999.70 5864.50 6015.00 5797.50 1.08 times
24 Fri May 2024 5864.50 5814.80 5932.00 5775.00 0.918 times
18 Sat May 2024 5814.80 5927.00 5964.65 5710.50 0.393 times
10 Fri May 2024 5916.80 6410.35 6410.35 5820.00 1.646 times
03 Fri May 2024 6349.95 6263.20 6420.00 6188.55 1.045 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
29 Wed May 2024 5999.70 6201.55 6420.00 5710.50 1.164 times
30 Tue Apr 2024 6205.10 6178.90 6325.30 5881.15 0.489 times
28 Thu Mar 2024 6155.15 6449.00 6471.00 6022.00 2.163 times
29 Thu Feb 2024 6420.40 6096.95 6505.50 5952.55 0.565 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 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 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 to mid 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 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 BUY. Signal strength is Weak and stock is gaining momentum.

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

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

Dr Reddy Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 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 5883.84 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 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 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 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 to mid 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 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 BUY. Signal strength is Weak and stock is gaining momentum.

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

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

Dr Reddy Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 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 5883.84 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 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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