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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 84678

Date	Daily Closing Price	Open	High	Low	Volume
22 Wed Jan 2025	1296.30	1289.25	1308.30	1288.45	0.435 times
21 Tue Jan 2025	1288.45	1303.00	1312.75	1286.25	0.142 times
20 Mon Jan 2025	1302.05	1306.90	1306.95	1294.00	0.239 times
17 Fri Jan 2025	1309.85	1300.00	1320.25	1287.65	0.489 times
16 Thu Jan 2025	1303.30	1337.50	1345.00	1296.90	0.585 times
15 Wed Jan 2025	1339.20	1340.00	1345.80	1314.90	0.187 times
14 Tue Jan 2025	1337.30	1334.15	1348.10	1323.75	6.185 times
13 Mon Jan 2025	1334.15	1354.00	1354.00	1331.25	0.375 times
10 Fri Jan 2025	1354.20	1365.00	1385.00	1352.40	0.612 times
09 Thu Jan 2025	1371.60	1381.00	1382.50	1364.45	0.218 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1315.2, but if it comes above 1315.2, then a intra day buy could be more profitable.
If you take a sell trade below 1315.2, then use 1315.2 as stoploss and 1278.7 as target. However if you take a buy trade in stock , then use 1315.2 as stoploss and 1345.73 as target.

Share price targets for Dr Reddy (DrReddy)

Target Type	Value
Downside Target	1171.00
Downside Target	1202.40
Downside Target	1229.10
Downside Target	1286.25
Upside Target	1395.00
Upside Target	1398.70
Upside Target	1404.60
Upside Target	6200.00
Upside Target	6796.60
Upside Target	7069.85

Intraday share price targets for Dr Reddy (DrReddy)

Target Type	Value
Downside Intraday Target	1284.12
Downside Intraday Target	1271.93
Upside Intraday Target	1310.62
Upside Intraday Target	1324.93
Upside Intraday Target	1298.43

Weekly technical analysis of Dr Reddy (DrReddy)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Wed Jan 2025	1296.30	1306.90	1312.75	1286.25	0.104 times
17 Fri Jan 2025	1309.85	1354.00	1354.00	1287.65	1.128 times
10 Fri Jan 2025	1354.20	1364.95	1404.60	1333.25	2.842 times
03 Fri Jan 2025	1352.75	1391.00	1395.00	1347.40	0.335 times
27 Fri Dec 2024	1389.35	1369.15	1398.70	1330.30	1.398 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
22 Wed Jan 2025	1296.30	1390.95	1404.60	1286.25	0.851 times
31 Tue Dec 2024	1388.25	1210.05	1398.70	1202.40	1.555 times
29 Fri Nov 2024	1202.35	1281.95	1322.00	1171.00	2.357 times
31 Thu Oct 2024	1274.25	6768.95	6796.60	1229.10	0.459 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Dr Reddy ( (DrReddy) ) based on a short to mid 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.

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 SELL. Signal strength is Strong and stock is losing 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 LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Dr Reddy in short term but BUY signal is weak.

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

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 1332.07 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.