(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 11914
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Fri May 2024 | 6349.95 | 6291.80 | 6420.00 | 6260.00 | 2.386 times |
| 02 Thu May 2024 | 6288.30 | 6201.55 | 6297.00 | 6198.90 | 0.679 times |
| 30 Tue Apr 2024 | 6205.10 | 6293.65 | 6310.15 | 6188.55 | 0.6 times |
| 29 Mon Apr 2024 | 6293.50 | 6263.20 | 6325.30 | 6200.75 | 0.988 times |
| 26 Fri Apr 2024 | 6253.25 | 6239.60 | 6310.00 | 6181.70 | 0.725 times |
| 25 Thu Apr 2024 | 6217.15 | 5988.25 | 6259.00 | 5930.00 | 2.348 times |
| 24 Wed Apr 2024 | 5951.20 | 5960.00 | 5991.35 | 5923.00 | 0.574 times |
| 23 Tue Apr 2024 | 5954.10 | 6040.60 | 6063.95 | 5939.55 | 0.18 times |
| 22 Mon Apr 2024 | 6015.00 | 5960.50 | 6062.20 | 5960.50 | 0.624 times |
| 19 Fri Apr 2024 | 5942.65 | 5960.55 | 5970.00 | 5881.15 | 2.21 times |
Stock of Dr Reddy (DrReddy) has showed a significant upmove. This could be a good time to enter in this stock!
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 6394, for a target of 6247.6 or 6125.67
Share price targets for Dr Reddy (DrReddy)
| Target Type | Value |
| Downside Target | 5523.45 |
| Downside Target | 5881.15 |
| Downside Target | 6198.90 |
| Downside Target | 6233.95 |
| Downside Target | 6306.25 |
| Downside Target | 6310.00 |
| Downside Target | 6325.30 |
| 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 | 6219 |
| Downside Intraday Target | 6088.05 |
| Upside Intraday Target | 6450.45 |
| Upside Intraday Target | 6550.95 |
| Downside Intraday Target | 6319.5 |
Weekly technical analysis of Dr Reddy (DrReddy)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Fri May 2024 | 6349.95 | 6263.20 | 6420.00 | 6188.55 | 1.045 times |
| 26 Fri Apr 2024 | 6253.25 | 5960.50 | 6310.00 | 5923.00 | 0.915 times |
| 19 Fri Apr 2024 | 5942.65 | 6060.05 | 6121.25 | 5881.15 | 1.62 times |
| 12 Fri Apr 2024 | 6084.45 | 6233.95 | 6233.95 | 6075.00 | 1.061 times |
| 05 Fri Apr 2024 | 6175.10 | 6178.90 | 6306.25 | 6050.00 | 0.12 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 |
| 03 Fri May 2024 | 6349.95 | 6201.55 | 6420.00 | 6198.90 | 0.183 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Dr Reddy stock for short term is BUY. Signal strength is Strong and stock is gaining 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 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 BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 6175.31 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 positive
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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Dr Reddy stock for short term is BUY. Signal strength is Strong and stock is gaining 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 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 BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 6175.31 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 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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