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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)

Dr Reddy trades in NSE in Pharmaceuticals sector.

Showing technical analysis as on 2025-01-08 View latest technical analysis

10 day averaged volume of Dr Reddy is 2035127

Date	Daily Closing Price	Open	High	Low	Volume
08 Wed Jan 2025	1370.75	1369.50	1405.90	1358.00	1.699 times
07 Tue Jan 2025	1351.55	1352.00	1373.05	1347.50	0.847 times
06 Mon Jan 2025	1350.35	1360.40	1361.30	1333.80	0.757 times
03 Fri Jan 2025	1352.65	1375.05	1378.15	1347.20	0.773 times
02 Thu Jan 2025	1375.05	1371.45	1387.95	1370.05	0.848 times
01 Wed Jan 2025	1369.00	1388.45	1389.05	1355.35	0.815 times
31 Tue Dec 2024	1388.50	1370.30	1395.00	1366.55	0.93 times
30 Mon Dec 2024	1376.90	1389.60	1392.00	1372.10	1.21 times
27 Fri Dec 2024	1389.45	1363.05	1398.25	1345.50	1.797 times
26 Thu Dec 2024	1355.15	1350.90	1360.20	1342.75	0.752 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 1379.7 as stoploss in an intra day sell trade for a target of 1328.21. However, stock will show a bullish move above 1379.7.

Share price targets for Dr Reddy (DRREDDY)

Target Type	Value
Downside Target	1170.20
Downside Target	1202.30
Downside Target	1226.35
Downside Target	1321.90
Upside Target	1395.00
Upside Target	1398.25
Upside Target	1405.90
Upside Target	6482.50
Upside Target	6795.00
Upside Target	7074.95

Intraday share price targets for Dr Reddy (DRREDDY)

Target Type	Value
Downside Intraday Target	1334.4
Downside Intraday Target	1298.05
Upside Intraday Target	1406.5
Upside Intraday Target	1442.25
Downside Intraday Target	1370.15

Weekly technical analysis of Dr Reddy (DRREDDY)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Wed Jan 2025	1370.75	1360.40	1405.90	1333.80	0.722 times
03 Fri Jan 2025	1352.65	1389.60	1395.00	1347.20	0.809 times
27 Fri Dec 2024	1389.45	1362.00	1398.25	1330.30	0.52 times
20 Fri Dec 2024	1343.65	1246.35	1368.70	1243.25	2.999 times
13 Fri Dec 2024	1246.35	1254.65	1261.80	1226.35	0.7 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
08 Wed Jan 2025	1370.75	1388.45	1405.90	1333.80	0.209 times
31 Tue Dec 2024	1388.50	1214.25	1398.25	1202.30	1.633 times
29 Fri Nov 2024	1202.30	1280.00	1321.90	1170.20	2.862 times
31 Thu Oct 2024	1274.20	6751.60	6795.00	1228.80	1.397 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 BUY. Signal strength is Weak and stock is gaining 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 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 weakening, and bulls 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 SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY 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 1370.97 and Dr Reddy (DRREDDY) stock is trading below this level. This means that stock is falling with high volumes. 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.