(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)
Dr Reddy trades in NSE in Pharmaceuticals sector.
Showing technical analysis as on 2024-04-30 View latest technical analysis
10 day averaged volume of Dr Reddy is 415461
Date | Daily Closing Price | Open | High | Low | Volume |
30 Tue Apr 2024 | 6204.30 | 6299.90 | 6313.00 | 6185.00 | 0.918 times |
29 Mon Apr 2024 | 6297.10 | 6270.00 | 6325.00 | 6202.35 | 0.715 times |
26 Fri Apr 2024 | 6252.10 | 6224.90 | 6308.85 | 6178.85 | 0.993 times |
25 Thu Apr 2024 | 6218.75 | 5975.05 | 6262.00 | 5928.00 | 2.231 times |
24 Wed Apr 2024 | 5950.80 | 5960.05 | 5994.85 | 5921.05 | 0.643 times |
23 Tue Apr 2024 | 5952.10 | 6050.00 | 6065.00 | 5933.90 | 0.719 times |
22 Mon Apr 2024 | 6016.10 | 5975.00 | 6064.00 | 5953.50 | 0.803 times |
19 Fri Apr 2024 | 5942.85 | 6000.00 | 6000.00 | 5880.80 | 0.825 times |
18 Thu Apr 2024 | 5957.15 | 6099.95 | 6127.50 | 5937.65 | 1.439 times |
16 Tue Apr 2024 | 6050.35 | 6005.85 | 6073.85 | 5985.05 | 0.983 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 6230.5 as stoploss in an intra day sell trade for a target of 6118.54. However, stock will show a bullish move above 6230.5.
Share price targets for Dr Reddy (DRREDDY)
Target Type | Value |
Downside Target | 5370.00 |
Downside Target | 5520.65 |
Downside Target | 5880.80 |
Downside Target | 6185.00 |
Upside Target | 6230.20 |
Upside Target | 6305.85 |
Upside Target | 6308.85 |
Upside Target | 6325.00 |
Upside Target | 6473.00 |
Upside Target | 6505.90 |
Intraday share price targets for Dr Reddy (DRREDDY)
Target Type | Value |
Downside Intraday Target | 6151.2 |
Downside Intraday Target | 6098.1 |
Upside Intraday Target | 6291.2 |
Upside Intraday Target | 6378.1 |
Upside Intraday Target | 6238.1 |
Weekly technical analysis of Dr Reddy (DRREDDY)
Date | Weekly Closing Price | Open | High | Low | Volume |
30 Tue Apr 2024 | 6204.30 | 6270.00 | 6325.00 | 6185.00 | 0.303 times |
26 Fri Apr 2024 | 6252.10 | 5975.00 | 6308.85 | 5921.05 | 1.383 times |
19 Fri Apr 2024 | 5942.85 | 6073.20 | 6127.50 | 5880.80 | 1.613 times |
12 Fri Apr 2024 | 6083.85 | 6217.45 | 6230.20 | 6075.00 | 0.627 times |
05 Fri Apr 2024 | 6179.30 | 6215.00 | 6305.85 | 6047.50 | 1.483 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 |
30 Tue Apr 2024 | 6204.30 | 6215.00 | 6325.00 | 5880.80 | 1.208 times |
28 Thu Mar 2024 | 6157.90 | 6449.00 | 6473.00 | 6023.20 | 0.695 times |
29 Thu Feb 2024 | 6424.25 | 6089.45 | 6505.90 | 5950.10 | 0.925 times |
31 Wed Jan 2024 | 6121.15 | 5800.00 | 6137.50 | 5520.65 | 0.866 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)
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
ADX buy sell signal for Dr Reddy stock for short term is BUY. Signal strength is Strong 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 tired and bears are picking up momentum.
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 but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 6099.92 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
ADX buy sell signal for Dr Reddy stock for short term is BUY. Signal strength is Strong 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 tired and bears are picking up momentum.
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 but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 6099.92 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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