2020 Dr Reddy (DRREDDY) technical analysis [forecast] stock price targets
Dr Reddy technical analysis & forecast stock price targets, Daily, Weekly, Monthly technical analysis
Dr Reddy deals in Pharmaceuticals Dr Reddy option chain analysis
| Date | Close | Open | High | Low | Volume |
| 03 Fri Jul | 3921.45 | 3940.00 | 3967.95 | 3910.00 | 4.56 lakhs |
| 02 Thu Jul | 3920.55 | 3946.00 | 3979.00 | 3901.00 | 7.42 lakhs |
| 01 Wed Jul | 3911.45 | 3965.20 | 3966.00 | 3885.85 | 6.24 lakhs |
| 30 Tue Jun | 3944.95 | 4000.00 | 4010.90 | 3925.50 | 6.81 lakhs |
| 29 Mon Jun | 3973.85 | 3998.00 | 4044.00 | 3958.75 | 5.38 lakhs |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 3947.9, but if it comes above 3947.9, then a intra day buy could be more profitable.
If you take a sell trade below 3947.9, then use 3947.9 as stoploss and 3876.6 as target. However if you take a buy trade in stock , then use 3947.9 as stoploss and 4007.34 as target.
Daily Price action analysis of 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.
Daily Price action analysis of 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.
Daily Price action analysis of DRREDDY based on a mid term time period is
Intraday technical analysis of Dr Reddy
Stock is trading at 3921.45 as on 03 Fri Jul 15:33
Day open is at 3940.00, day high is at 3967.95, day low is at 3910.00, and day volume is at 198.13 lakhs so far.
First 15 minute high low range is 3932.00 - 3955.00
First hour high low range is 3932.00 - 3967.95
| Date | Intraday Price | Open | High | Low | Volume |
| 03 Fri Jul 15:33 | 3921.45 | 3940.00 | 3967.95 | 3910.00 | 455953 |
| 03 Fri Jul 15:30 | 3919.80 | 3940.00 | 3967.95 | 3910.00 | 455953 |
| 03 Fri Jul 15:25 | 3921.95 | 3940.00 | 3967.95 | 3910.00 | 444487 |
| 03 Fri Jul 15:20 | 3923.00 | 3940.00 | 3967.95 | 3910.00 | 434132 |
| 03 Fri Jul 15:15 | 3925.40 | 3940.00 | 3967.95 | 3910.00 | 422488 |
Trend of Dr Reddy is not defined as of yet. Wait for entry and exit levels given below.
Take a trade after 9:30am only.
Dr Reddy (DRREDDY) intraday stock price targets
- EntEntry: 3943.5 or 3927.35
- Upside target: 3955
- Downside target : 3909
- Second Upside target: 3944.7
- Second Downside target : 3886.75
Dr Reddy (DRREDDY) weekly technical analysis
| Date | Weekly Close | Open | Range | Volume |
| 03 Fri Jul | 3921.45 | 3998.00 | 3885.85 4044.00 |
30.414 lakhs |
| 26 Fri Jun | 3998.60 | 4032.00 | 3965.00 4136.70 |
35.246 lakhs |
| 19 Fri Jun | 4005.60 | 4048.00 | 3952.75 4126.90 |
42.631 lakhs |
| 12 Fri Jun | 4007.95 | 4034.90 | 3930.00 4190.00 |
61.51 lakhs |
| 05 Fri Jun | 4024.90 | 4077.60 | 3886.00 4092.35 |
55.693 lakhs |
Weekly forecast of Dr Reddy is negative. Sellers dominated the stock this week, and might continue to dominate in coming days too.
Weekly Price action analysis of Dr Reddy based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Weekly Price action analysis of Dr Reddy 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.
Dr Reddy (DRREDDY) Monthly technical analysis
| Date | Monthly Close | Open | Range | Volume |
| 03 Fri Jul | 3921.45 | 3965.20 | 3885.85 3979.00 |
18.219 lakhs |
| 30 Tue Jun | 3944.95 | 4077.60 | 3886.00 4190.00 |
207.275 lakhs |
| 29 Fri May | 4071.25 | 3850.00 | 3613.85 4132.20 |
243.314 lakhs |
| 30 Thu Apr | 3936.30 | 3119.95 | 3025.10 4094.30 |
302.511 lakhs |
| 31 Tue Mar | 3120.75 | 2961.00 | 2495.05 3231.95 |
216.014 lakhs |
Monthly forecast of Dr Reddy is negative. Sellers dominated the stock this month, and might continue to dominate in coming days too.
Monthly Price action analysis of Dr Reddy 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.
Monthly Price action analysis of Dr Reddy 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.
Dr Reddy Daily stock price targets
- Upside daily target: 4164.38
- Upside daily target: 3959.35
Dr Reddy Weekly stock price targets
- Upside weekly target: 4221.68
- Upside weekly target: 4016.66
- Downside weekly target: 3824.58
- Downside weekly target: 3595.7
Dr Reddy Monthly stock price targets
- Upside monthly target: 4549.9
- Upside monthly target: 4067.48
- Downside monthly target: 3857.08
- Downside monthly target: 3544.8
- Downside monthly target: 3146.03
- Downside monthly target: 2983.28
- Downside monthly target: 2813.08
Dr Reddy (DRREDDY) most active calls puts options
- CE of strike 4000
- CE of strike 3900
- CE of strike 4200
- CE of strike 4100
- PE of strike 3800
- CE of strike 4300
- CE of strike 4400
- PE of strike 3900
- CE of strike 3950
- CE of strike 4500
- PE of strike 3700
- PE of strike 4000
- CE of strike 4050
- CE of strike 4700
- PE of strike 3500
- PE of strike 3600
- CE of strike 4150
- PE of strike 3950
- CE of strike 4250
- CE of strike 4600
- PE of strike 3300
- PE of strike 4100
- PE of strike 3750
- CE of strike 4350
- CE of strike 3700
- PE of strike 4700
- CE of strike 3250
- PE of strike 3550
- CE of strike 3600
- PE of strike 3200
Dr Reddy (DRREDDY) indicators technical analysis
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.
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 SELL signal for Dr Reddy in short term but the sell signal is initial and weak.
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 in or above the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Dr Reddy in short term and SELL 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 3991.95 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.
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