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 |
| 15 Fri Jan | 5212.80 | 5315.00 | 5315.00 | 5195.60 | 5.16 lakhs |
| 14 Thu Jan | 5308.90 | 5304.90 | 5328.00 | 5265.00 | 5.35 lakhs |
| 13 Wed Jan | 5290.00 | 5365.00 | 5375.00 | 5238.00 | 6.59 lakhs |
| 12 Tue Jan | 5353.85 | 5440.95 | 5443.50 | 5329.45 | 7.48 lakhs |
| 11 Mon Jan | 5416.80 | 5344.00 | 5427.00 | 5326.00 | 9.2 lakhs |
My analysis of stock is bearish for shortterm, and stock might move down till 5168.6 or till 5076.4. Use a stoploss of 5245.44 and if the stock hits stoploss, then it can shoot up till 5322.29
Daily Price action analysis of DRREDDY 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.
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 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.
Intraday technical analysis of Dr Reddy
Stock is trading at 5212.80 as on 15 Fri Jan 15:33
Day open is at 5315.00, day high is at 5315.00, day low is at 5195.60, and day volume is at 215.24 lakhs so far.
First 15 minute high low range is 5258.85 - 5315.00
First hour high low range is 5216.00 - 5315.00
| Date | Intraday Price | Open | High | Low | Volume |
| 15 Fri Jan 15:33 | 5212.80 | 5315.00 | 5315.00 | 5195.60 | 515507 |
| 15 Fri Jan 15:29 | 5212.10 | 5315.00 | 5315.00 | 5195.60 | 515507 |
| 15 Fri Jan 15:25 | 5215.90 | 5315.00 | 5315.00 | 5195.60 | 500437 |
| 15 Fri Jan 15:20 | 5212.00 | 5315.00 | 5315.00 | 5195.60 | 470043 |
| 15 Fri Jan 15:15 | 5213.15 | 5315.00 | 5315.00 | 5195.60 | 454888 |
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: 5286.93 or 5229.75
- Upside target: 5315
- Downside target : 5202.7
- Second Upside target: 5263.9
- Second Downside target : 5144.5
Dr Reddy (DRREDDY) weekly technical analysis
| Date | Weekly Close | Open | Range | Volume |
| 15 Fri Jan | 5212.80 | 5344.00 | 5195.60 5443.50 |
33.779 lakhs |
| 08 Fri Jan | 5338.25 | 5260.00 | 5226.00 5360.00 |
37.44 lakhs |
| 01 Fri Jan | 5241.35 | 5228.15 | 5142.50 5269.00 |
35.592 lakhs |
| 24 Thu Dec | 5201.80 | 5243.00 | 4936.35 5274.20 |
48.532 lakhs |
| 18 Fri Dec | 5228.75 | 4952.00 | 4952.00 5262.85 |
80.869 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 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 |
| 15 Fri Jan | 5212.80 | 5217.25 | 5195.60 5443.50 |
77.05 lakhs |
| 31 Thu Dec | 5205.10 | 4870.00 | 4806.00 5274.20 |
274.948 lakhs |
| 27 Fri Nov | 4828.95 | 4896.00 | 4656.30 5017.00 |
304.105 lakhs |
| 30 Fri Oct | 4888.65 | 5225.00 | 4831.00 5322.80 |
452.197 lakhs |
| 30 Wed Sep | 5187.80 | 4271.10 | 4232.00 5512.65 |
893.872 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: 5472.4
- Downside daily target: 5195.5
Dr Reddy Weekly stock price targets
- Upside weekly target: 5416.13
- Downside weekly target: 5155.93
- Downside weekly target: 4908.91
- Downside weekly target: 4630.85
Dr Reddy Monthly stock price targets
- Upside monthly target: 5990.55
- Upside monthly target: 5473.75
- Downside monthly target: 5139.88
- Downside monthly target: 4789.64
- Downside monthly target: 4549.9
- Downside monthly target: 4167.53
- Downside monthly target: 3842.55
- Downside monthly target: 3480.7
Dr Reddy (DRREDDY) most active calls puts options
- CE of strike 5500
- CE of strike 5300
- CE of strike 5400
- PE of strike 5000
- CE of strike 5600
- CE of strike 5350
- PE of strike 5100
- PE of strike 5200
- CE of strike 5800
- CE of strike 6000
- CE of strike 5200
- CE of strike 5700
- CE of strike 5250
- PE of strike 4800
- PE of strike 5300
- PE of strike 5250
- CE of strike 5450
- PE of strike 4700
- PE of strike 5150
- PE of strike 4900
- CE of strike 5900
- CE of strike 5550
- PE of strike 4400
- PE of strike 5350
- CE of strike 6200
- CE of strike 5000
- PE of strike 4500
- CE of strike 5100
- PE of strike 5400
- PE of strike 4600
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 Weak and stock is losing momentum.
MACD generated a SELL signal for Dr Reddy in short term but the sell signal is initial and weak.
Dr Reddy Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 5310.15 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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