2021 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 |
| 13 Tue Apr | 4777.30 | 5144.70 | 5144.70 | 4751.10 | 39.37 lakhs |
| 12 Mon Apr | 4996.95 | 4775.00 | 5120.00 | 4695.00 | 35.14 lakhs |
| 09 Fri Apr | 4760.30 | 4692.90 | 4794.00 | 4691.25 | 13.62 lakhs |
| 08 Thu Apr | 4689.05 | 4692.75 | 4756.00 | 4661.20 | 6.61 lakhs |
| 07 Wed Apr | 4692.65 | 4662.30 | 4734.00 | 4641.00 | 11.14 lakhs |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 4704.1, but if it comes below 4704.1, then a intra day sell could be more profitable.
If you take a sell trade below 4704.1, then use 4704.1 as stoploss and 4521.3 as target. However if you take a buy trade in stock , then use 4704.1 as stoploss and 4923.6 as target.
Daily Price action analysis of DRREDDY 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.
Daily Price action analysis of 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.
Daily Price action analysis of DRREDDY based on a mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Intraday technical analysis of Dr Reddy
Stock is trading at 4777.30 as on 13 Tue Apr 15:34
Day open is at 5144.70, day high is at 5144.70, day low is at 4751.10, and day volume is at 2098.4 lakhs so far.
First 15 minute high low range is 4960.00 - 5144.70
First hour high low range is 4833.00 - 5144.70
| Date | Intraday Price | Open | High | Low | Volume |
| 13 Tue Apr 15:34 | 4777.30 | 5144.70 | 5144.70 | 4751.10 | 3936555 |
| 13 Tue Apr 15:30 | 4799.45 | 5144.70 | 5144.70 | 4751.10 | 3936555 |
| 13 Tue Apr 15:25 | 4800.85 | 5144.70 | 5144.70 | 4751.10 | 3903210 |
| 13 Tue Apr 15:20 | 4776.00 | 5144.70 | 5144.70 | 4751.10 | 3755983 |
| 13 Tue Apr 15:15 | 4767.00 | 5144.70 | 5144.70 | 4751.10 | 3665092 |
Prices of Dr Reddy are surely coming down. Look for opportunities to sell in intraday.
Take a trade after 9:30am only.
Dr Reddy (DRREDDY) intraday stock price targets
- EntEntry: 5052.35 or 4856.05
- Upside target: 5144.7
- Downside target : 4775.3
- Second Upside target: 4961
- Second Downside target : 4567.4
Dr Reddy (DRREDDY) weekly technical analysis
| Date | Weekly Close | Open | Range | Volume |
| 13 Tue Apr | 4777.30 | 4775.00 | 4695.00 5144.70 |
74.51 lakhs |
| 09 Fri Apr | 4760.30 | 4560.00 | 4423.90 4794.00 |
46.109 lakhs |
| 01 Thu Apr | 4587.65 | 4429.95 | 4421.05 4594.95 |
22.865 lakhs |
| 26 Fri Mar | 4406.00 | 4276.90 | 4268.25 4423.00 |
39.817 lakhs |
| 19 Fri Mar | 4274.45 | 4460.00 | 4135.00 4466.70 |
42.239 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 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.
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 |
| 13 Tue Apr | 4777.30 | 4550.00 | 4423.90 5144.70 |
127.096 lakhs |
| 31 Wed Mar | 4516.00 | 4445.00 | 4135.00 4583.35 |
179.585 lakhs |
| 26 Fri Feb | 4426.55 | 4560.05 | 4377.00 4909.95 |
307.261 lakhs |
| 29 Fri Jan | 4602.70 | 5217.25 | 4550.00 5443.50 |
171.77 lakhs |
| 31 Thu Dec | 5205.10 | 4870.00 | 4806.00 5274.20 |
274.948 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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: 5270.98
- Upside daily target: 4982.99
- Downside daily target: 4725.78
- Downside daily target: 4498.54
Dr Reddy Weekly stock price targets
- Upside weekly target: 5185.85
- Upside weekly target: 4850.98
- Downside weekly target: 4592.1
- Downside weekly target: 4370.58
- Downside weekly target: 4038.88
Dr Reddy Monthly stock price targets
- Upside monthly target: 5990.55
- Upside monthly target: 5473.75
- Upside monthly target: 5139.88
- Upside monthly target: 4872.65
- Downside monthly target: 4613.93
- Downside monthly target: 4364.15
- Downside monthly target: 4135.3
Dr Reddy (DRREDDY) most active calls puts options
- CE of strike 5000
- CE of strike 5500
- CE of strike 5200
- CE of strike 5100
- CE of strike 6000
- CE of strike 4900
- CE of strike 5300
- CE of strike 4800
- PE of strike 4500
- CE of strike 5400
- PE of strike 4800
- CE of strike 5700
- CE of strike 5600
- PE of strike 4700
- PE of strike 4600
- PE of strike 4400
- PE of strike 5000
- PE of strike 4900
- PE of strike 4300
- PE of strike 4200
- CE of strike 4850
- CE of strike 5150
- CE of strike 4950
- CE of strike 5050
- CE of strike 5250
- CE of strike 5800
- PE of strike 4000
- PE of strike 4750
- CE of strike 5550
- PE of strike 4550
Dr Reddy (DRREDDY) indicators technical analysis
Price action analysis of Dr Reddy (DRREDDY) 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.
ADX buy sell signal for Dr Reddy stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Dr Reddy in short term and the buy signal is strong.
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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
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 but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 4761.13 and Dr Reddy DRREDDY stock is trading above this level. This is a good sign for the stock and it could move higher. 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.
Related companies
Quick Charts: Daily Charts Long term Charts Weekly Charts Monthly Charts Renko Charts PNF Charts
