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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 39592

Date Daily Closing Price Open High Low Volume
20 Mon Sep 2021 4776.50 4849.15 4884.40 4751.00 1.627 times
17 Fri Sep 2021 4889.15 4931.70 4955.20 4869.40 0.325 times
16 Thu Sep 2021 4931.70 4990.00 4995.00 4915.60 0.48 times
15 Wed Sep 2021 4965.00 4939.00 4974.90 4920.00 0.689 times
14 Tue Sep 2021 4930.60 4932.05 4988.85 4923.95 0.576 times
13 Mon Sep 2021 4932.90 4910.00 4945.00 4875.00 1.064 times
09 Thu Sep 2021 4914.50 4902.00 4921.00 4881.25 0.869 times
08 Wed Sep 2021 4910.25 4900.00 4940.00 4861.65 0.596 times
07 Tue Sep 2021 4899.20 4915.15 4926.55 4856.70 0.833 times
06 Mon Sep 2021 4915.15 4930.00 4944.45 4871.10 3.529 times

My analysis of stock is bearish for shortterm, and stock might move down till 4630.9 or till 4444.2. Use a stoploss of 4786.5 and if the stock hits stoploss, then it can shoot up till 4942.09

Share price targets for Dr Reddy (DrReddy)

Target Type Value
Downside Target 4448.00
Downside Target 4576.75
Upside Target 4855.85
Upside Target 4944.45
Upside Target 4995.00
Upside Target 5055.75
Upside Target 5151.00
Upside Target 5422.00
Upside Target 5514.00
Upside Target 5613.65

Intraday share price targets for Dr Reddy (DrReddy)

Target Type Value
Downside Intraday Target 4723.53
Downside Intraday Target 4670.57
Upside Intraday Target 4856.93
Upside Intraday Target 4937.37
Upside Intraday Target 4803.97

Weekly technical analysis of Dr Reddy (DrReddy)

Date Weekly Closing Price Open High Low Volume
20 Mon Sep 2021 4776.50 4849.15 4884.40 4751.00 0.519 times
17 Fri Sep 2021 4889.15 4910.00 4995.00 4869.40 0.538 times
09 Thu Sep 2021 4914.50 4930.00 4944.45 4856.70 0.876 times
03 Fri Sep 2021 4899.45 4599.00 4913.05 4576.75 2.129 times
27 Fri Aug 2021 4601.25 4561.15 4611.85 4448.00 0.838 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
20 Mon Sep 2021 4776.50 4735.00 4995.00 4688.00 0.647 times
31 Tue Aug 2021 4702.45 4717.00 4855.85 4448.00 1.048 times
30 Fri Jul 2021 4712.70 5439.00 5613.65 4659.60 0.86 times
30 Wed Jun 2021 5420.35 5305.00 5514.00 5151.00 0.808 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 22, 27, 11 Sell
MACD -8, -20Buy
Stochastics 34None
CCI -265Sell
RSI 39Sell
OBV 321876Sell
VWAP 4898Sell
ADL 0Sell
ROC -3Sell
Force Index 0Sell

Price action analysis of Dr Reddy ( (DrReddy) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 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 Weak and stock is losing momentum.

MACD generated a BUY signal for Dr Reddy in short term but the buy 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above 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 and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Dr Reddy is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 4898.08 and Dr Reddy (DrReddy) stock is trading below this level. This means that stock is falling with high volumes. 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 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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Daily chart

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