(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 9186
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Fri Mar 2023 | 4462.30 | 4423.40 | 4498.00 | 4423.40 | 0.472 times |
| 23 Thu Mar 2023 | 4447.95 | 4489.95 | 4500.00 | 4434.30 | 0.512 times |
| 22 Wed Mar 2023 | 4476.00 | 4422.60 | 4480.00 | 4417.70 | 0.243 times |
| 21 Tue Mar 2023 | 4419.30 | 4415.05 | 4479.40 | 4399.50 | 2.375 times |
| 20 Mon Mar 2023 | 4441.80 | 4454.95 | 4491.95 | 4383.30 | 3.333 times |
| 17 Fri Mar 2023 | 4435.00 | 4426.00 | 4469.20 | 4397.65 | 0.818 times |
| 16 Thu Mar 2023 | 4383.00 | 4380.00 | 4426.65 | 4369.10 | 0.348 times |
| 15 Wed Mar 2023 | 4396.85 | 4322.65 | 4424.00 | 4322.65 | 0.431 times |
| 14 Tue Mar 2023 | 4349.05 | 4398.00 | 4418.95 | 4310.00 | 0.683 times |
| 13 Mon Mar 2023 | 4383.65 | 4352.05 | 4416.55 | 4346.10 | 0.863 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 4456.5, but if it comes below 4456.5, then a intra day sell could be more profitable.
If you take a sell trade below 4456.5, then use 4456.5 as stoploss and 4411.69 as target. However if you take a buy trade in stock , then use 4456.5 as stoploss and 4510.3 as target.
Share price targets for Dr Reddy (DrReddy)
| Target Type | Value |
| Downside Target | 4176.85 |
| Downside Target | 4288.55 |
| Downside Target | 4455.45 |
| Upside Target | 4469.20 |
| Upside Target | 4489.10 |
| Upside Target | 4500.00 |
| Upside Target | 4530.00 |
| Upside Target | 4539.45 |
| Upside Target | 4562.30 |
| Upside Target | 4645.55 |
Intraday share price targets for Dr Reddy (DrReddy)
| Target Type | Value |
| Downside Intraday Target | 4397.07 |
| Downside Intraday Target | 4331.83 |
| Upside Intraday Target | 4513.77 |
| Upside Intraday Target | 4565.23 |
| Downside Intraday Target | 4448.53 |
Weekly technical analysis of Dr Reddy (DrReddy)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Fri Mar 2023 | 4462.30 | 4454.95 | 4500.00 | 4383.30 | 2.206 times |
| 17 Fri Mar 2023 | 4435.00 | 4352.05 | 4469.20 | 4310.00 | 2.821 times |
| 10 Fri Mar 2023 | 4396.50 | 4404.05 | 4455.45 | 4352.75 | 0.389 times |
| 03 Fri Mar 2023 | 4436.00 | 4489.10 | 4489.10 | 4298.40 | 0.935 times |
| 24 Fri Feb 2023 | 4499.35 | 4510.60 | 4539.45 | 4441.00 | 0.848 times |
Price has moved up 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 |
| 24 Fri Mar 2023 | 4462.30 | 4331.45 | 4500.00 | 4298.40 | 0.735 times |
| 28 Tue Feb 2023 | 4311.25 | 4324.05 | 4562.30 | 4288.55 | 1.236 times |
| 31 Tue Jan 2023 | 4324.00 | 4274.95 | 4400.00 | 4176.85 | 0.436 times |
| 30 Fri Dec 2022 | 4234.40 | 4475.05 | 4530.00 | 4201.50 | 0.769 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 | 14, 10, 13 | Buy |
| MACD | 20, 11 | Buy |
| Stochastics | 81 | Buy |
| CCI | 83 | Buy |
| RSI | 50 | Sell |
| OBV | 18988 | Sell |
| VWAP | 4423 | Buy |
| ADL | 0 | Sell |
| ROC | 2 | Buy |
| Force Index | 0 | Sell |
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 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 Weak and stock is losing momentum.
MACD generated a BUY signal for Dr Reddy in short term and the buy signal is strong.
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 green color and prices are above 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 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 4422.82 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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