2022 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 |
| 27 Thu Jan | 4256.35 | 4340.00 | 4365.15 | 4232.00 | 7.06 lakhs |
| 25 Tue Jan | 4402.85 | 4364.35 | 4418.95 | 4301.00 | 3.41 lakhs |
| 24 Mon Jan | 4364.35 | 4486.10 | 4489.80 | 4311.00 | 5.56 lakhs |
| 21 Fri Jan | 4496.15 | 4561.25 | 4570.00 | 4435.00 | 5.58 lakhs |
| 20 Thu Jan | 4591.55 | 4712.00 | 4712.00 | 4570.00 | 3.18 lakhs |
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 4297.2, for a target of 4499.9 or 4668.88
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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Intraday technical analysis of Dr Reddy
Stock is trading at 4305.05 as on 28 Fri Jan 11:20
Day open is at 4248.80, day high is at 4355.00, day low is at 4240.05, and day volume is at 32.55 lakhs so far.
First 15 minute high low range is 4240.05 - 4305.75
First hour high low range is 4240.05 - 4349.00
| Date | Intraday Price | Open | High | Low | Volume |
| 28 Fri Jan 11:20 | 4305.05 | 4248.80 | 4355.00 | 4240.05 | 210489 |
| 28 Fri Jan 11:15 | 4304.05 | 4248.80 | 4355.00 | 4240.05 | 208369 |
| 28 Fri Jan 11:10 | 4302.85 | 4248.80 | 4355.00 | 4240.05 | 198532 |
| 28 Fri Jan 11:05 | 4307.25 | 4248.80 | 4355.00 | 4240.05 | 191162 |
| 28 Fri Jan 11:00 | 4310.00 | 4248.80 | 4355.00 | 4240.05 | 186968 |
Prices of Dr Reddy are definitely rising in intraday. Look for buy opportunities.
Take a trade after 9:30am only.
Dr Reddy (DRREDDY) intraday stock price targets
- EntEntry: 4272.9 or 4271.375
- Upside target: 4305.75
- Downside target : 4174.35
- Second Upside target: 4310.75
- Second Downside target : 4177.6
Dr Reddy (DRREDDY) weekly technical analysis
| Date | Weekly Close | Open | Range | Volume |
| 27 Thu Jan | 4256.35 | 4486.10 | 4232.00 4489.80 |
16.029 lakhs |
| 21 Fri Jan | 4496.15 | 4665.50 | 4435.00 4734.40 |
21.464 lakhs |
| 14 Fri Jan | 4689.20 | 4728.40 | 4634.00 4759.60 |
16.351 lakhs |
| 07 Fri Jan | 4708.40 | 4907.00 | 4690.00 4930.30 |
17.316 lakhs |
| 31 Fri Dec | 4907.00 | 4624.10 | 4621.10 4931.05 |
23.552 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Weekly Price action analysis of Dr Reddy 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.
Dr Reddy (DRREDDY) Monthly technical analysis
| Date | Monthly Close | Open | Range | Volume |
| 27 Thu Jan | 4256.35 | 4907.00 | 4232.00 4930.30 |
71.16 lakhs |
| 31 Fri Dec | 4907.00 | 4696.00 | 4441.30 4931.05 |
76.783 lakhs |
| 30 Tue Nov | 4675.85 | 4685.00 | 4551.50 4901.00 |
77.237 lakhs |
| 29 Fri Oct | 4659.20 | 4853.00 | 4526.05 5077.00 |
94.036 lakhs |
| 30 Thu Sep | 4880.70 | 4739.00 | 4687.00 4996.50 |
95.307 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Monthly Price action analysis of Dr Reddy 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.
Dr Reddy Daily stock price targets
- Upside daily target: 4780.28
- Upside daily target: 4533.08
- Upside daily target: 4310.75
Dr Reddy Weekly stock price targets
- Upside weekly target: 5074
- Upside weekly target: 4819.35
- Upside weekly target: 4579.05
- Upside weekly target: 4315.88
Dr Reddy Monthly stock price targets
- Upside monthly target: 5659.6
- Upside monthly target: 5290.08
- Upside monthly target: 4911.45
- Upside monthly target: 4674.15
- Upside monthly target: 4438.93
- Downside monthly target: 4208.3
- Downside monthly target: 3895.03
Dr Reddy (DRREDDY) most active calls puts options
- PE of strike 4200
- CE of strike 4500
- CE of strike 4300
- CE of strike 4400
- PE of strike 4000
- PE of strike 4300
- CE of strike 5000
- CE of strike 4800
- CE of strike 4700
- CE of strike 4600
- PE of strike 4400
- PE of strike 4500
- CE of strike 4900
- CE of strike 4450
- CE of strike 4350
- CE of strike 4200
- PE of strike 4350
- CE of strike 4550
- PE of strike 4100
- CE of strike 4750
- PE of strike 3500
- CE of strike 5200
- PE of strike 5000
- PE of strike 4700
- PE of strike 4150
- PE of strike 4050
- CE of strike 4250
- PE of strike 4800
- PE of strike 4250
- CE of strike 5500
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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Dr Reddy in short term and the sell signal is strong.
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 red color and prices are in or above 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 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 4531.25 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.
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