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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 2025-02-03 View latest technical analysis

10 day averaged volume of Dr Reddy is 2471417

Date	Daily Closing Price	Open	High	Low	Volume
03 Mon Feb 2025	1203.85	1200.00	1220.00	1196.80	0.57 times
31 Fri Jan 2025	1217.35	1202.00	1221.00	1196.00	0.609 times
30 Thu Jan 2025	1194.50	1188.00	1204.80	1184.00	1.332 times
29 Wed Jan 2025	1181.20	1187.40	1192.45	1173.50	1.399 times
28 Tue Jan 2025	1181.25	1197.65	1197.65	1164.65	1.271 times
27 Mon Jan 2025	1197.65	1224.40	1234.35	1191.50	0.884 times
24 Fri Jan 2025	1224.40	1229.95	1252.65	1203.50	2.866 times
23 Thu Jan 2025	1289.40	1289.00	1303.95	1274.55	0.586 times
22 Wed Jan 2025	1296.25	1291.00	1308.00	1288.00	0.527 times
21 Tue Jan 2025	1288.15	1302.35	1312.95	1285.65	0.299 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1216.9, but if it comes above 1216.9, then a intra day buy could be more profitable.
If you take a sell trade below 1216.9, then use 1216.9 as stoploss and 1138.5 as target. However if you take a buy trade in stock , then use 1216.9 as stoploss and 1282.33 as target.

Share price targets for Dr Reddy (DRREDDY)

Target Type	Value
Downside Target	1164.65
Downside Target	1196.80
Upside Target	1288.00
Upside Target	1312.95
Upside Target	1321.90
Upside Target	1333.80
Upside Target	1354.15
Upside Target	1398.25
Upside Target	1405.90
Upside Target	6795.00

Intraday share price targets for Dr Reddy (DRREDDY)

Target Type	Value
Downside Intraday Target	1193.77
Downside Intraday Target	1183.68
Upside Intraday Target	1216.97
Upside Intraday Target	1230.08
Upside Intraday Target	1206.88

Weekly technical analysis of Dr Reddy (DRREDDY)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Mon Feb 2025	1203.85	1200.00	1220.00	1196.80	0.104 times
31 Fri Jan 2025	1217.35	1224.40	1234.35	1164.65	1.22 times
24 Fri Jan 2025	1224.40	1308.35	1312.95	1203.50	1.271 times
17 Fri Jan 2025	1309.40	1354.05	1354.15	1288.00	0.884 times
10 Fri Jan 2025	1354.40	1360.40	1405.90	1333.80	1.064 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
03 Mon Feb 2025	1203.85	1200.00	1220.00	1196.80	0.029 times
31 Fri Jan 2025	1217.35	1388.45	1405.90	1164.65	0.864 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

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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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.

ADX buy sell signal for Dr Reddy stock for short term is SELL. Signal strength is Strong 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below 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 but selling 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 1214.75 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.