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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.

10 day averaged volume of Dr Reddy is 1934341

Date	Daily Closing Price	Open	High	Low	Volume
16 Thu Jan 2025	1302.75	1340.90	1347.00	1297.00	0.618 times
15 Wed Jan 2025	1337.20	1345.00	1345.00	1313.95	1.003 times
14 Tue Jan 2025	1337.55	1335.15	1348.85	1323.65	0.708 times
13 Mon Jan 2025	1335.10	1354.05	1354.15	1330.20	1.459 times
10 Fri Jan 2025	1354.40	1366.10	1386.00	1352.60	0.818 times
09 Thu Jan 2025	1371.60	1380.00	1382.95	1364.10	0.831 times
08 Wed Jan 2025	1370.75	1369.50	1405.90	1358.00	1.787 times
07 Tue Jan 2025	1351.55	1352.00	1373.05	1347.50	0.891 times
06 Mon Jan 2025	1350.35	1360.40	1361.30	1333.80	0.796 times
03 Fri Jan 2025	1352.65	1375.05	1378.15	1347.20	0.814 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 1307.6, for a target of 1332.9 or 1353.97

Share price targets for Dr Reddy (DRREDDY)

Target Type	Value
Downside Target	1170.20
Downside Target	1202.30
Downside Target	1228.80
Downside Target	1297.00
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	1281.78
Downside Intraday Target	1260.82
Upside Intraday Target	1338.93
Upside Intraday Target	1375.12
Upside Intraday Target	1317.97

Weekly technical analysis of Dr Reddy (DRREDDY)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Thu Jan 2025	1302.75	1354.05	1354.15	1297.00	0.739 times
10 Fri Jan 2025	1354.40	1360.40	1405.90	1333.80	1.064 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

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
16 Thu Jan 2025	1302.75	1388.45	1405.90	1297.00	0.397 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 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 getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green 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 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 1348.96 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.