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 |
| 23 Fri Jul | 5422.15 | 5381.50 | 5432.00 | 5360.10 | 3.07 lakhs |
| 22 Thu Jul | 5384.50 | 5394.00 | 5394.00 | 5326.55 | 1.86 lakhs |
| 20 Tue Jul | 5344.05 | 5436.00 | 5436.00 | 5322.60 | 2.64 lakhs |
| 19 Mon Jul | 5419.35 | 5398.00 | 5445.00 | 5382.10 | 2.41 lakhs |
| 16 Fri Jul | 5406.55 | 5393.00 | 5450.00 | 5383.85 | 4.38 lakhs |
My analysis of stock is bearish for shortterm, and stock might move down till 5375 or till 5287.2. Use a stoploss of 5448.15 and if the stock hits stoploss, then it can shoot up till 5521.3
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 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 5422.15 as on 23 Fri Jul 15:34
Day open is at 5381.50, day high is at 5432.00, day low is at 5360.10, and day volume is at 78.69 lakhs so far.
First 15 minute high low range is 5381.00 - 5409.00
First hour high low range is 5374.10 - 5410.00
| Date | Intraday Price | Open | High | Low | Volume |
| 23 Fri Jul 15:34 | 5422.15 | 5381.50 | 5432.00 | 5360.10 | 306673 |
| 23 Fri Jul 15:30 | 5419.00 | 5381.50 | 5432.00 | 5360.10 | 306673 |
| 23 Fri Jul 15:25 | 5427.45 | 5381.50 | 5432.00 | 5360.10 | 292979 |
| 23 Fri Jul 15:20 | 5424.90 | 5381.50 | 5428.20 | 5360.10 | 277125 |
| 23 Fri Jul 15:15 | 5419.95 | 5381.50 | 5428.10 | 5360.10 | 263619 |
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: 5395 or 5411.5625
- Upside target: 5409
- Downside target : 5353
- Second Upside target: 5463.03
- Second Downside target : 5391.13
Dr Reddy (DRREDDY) weekly technical analysis
| Date | Weekly Close | Open | Range | Volume |
| 23 Fri Jul | 5422.15 | 5398.00 | 5322.60 5445.00 |
9.979 lakhs |
| 16 Fri Jul | 5406.55 | 5499.90 | 5367.50 5534.00 |
17.961 lakhs |
| 09 Fri Jul | 5460.30 | 5576.20 | 5416.95 5614.60 |
19.261 lakhs |
| 02 Fri Jul | 5575.70 | 5329.00 | 5312.55 5600.00 |
30.406 lakhs |
| 25 Fri Jun | 5309.30 | 5275.00 | 5227.00 5349.95 |
20.837 lakhs |
Weekly forecast of Dr Reddy is positive. Buyers dominated the stock this week, and this trend might continue for a few days
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 |
| 23 Fri Jul | 5422.15 | 5426.00 | 5322.60 5614.60 |
61.234 lakhs |
| 30 Wed Jun | 5423.05 | 5305.00 | 5150.10 5515.00 |
129.452 lakhs |
| 31 Mon May | 5309.15 | 5193.95 | 5054.35 5398.40 |
206.708 lakhs |
| 30 Fri Apr | 5163.10 | 4550.00 | 4423.90 5290.00 |
305.337 lakhs |
| 31 Wed Mar | 4516.00 | 4445.00 | 4135.00 4583.35 |
179.585 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: 5541.93
- Downside daily target: 5276.63
Dr Reddy Weekly stock price targets
- Upside weekly target: 5731.58
- Upside weekly target: 5444.13
- Downside weekly target: 5119.25
Dr Reddy Monthly stock price targets
- Upside monthly target: 5659.6
- Downside monthly target: 5290.08
- Downside monthly target: 5023.1
- Downside monthly target: 4773.85
- Downside monthly target: 4522.63
- Downside monthly target: 4135.3
Dr Reddy (DRREDDY) most active calls puts options
- CE of strike 5500
- CE of strike 5400
- CE of strike 5600
- CE of strike 5450
- CE of strike 5700
- CE of strike 5550
- PE of strike 5400
- PE of strike 5300
- PE of strike 5000
- PE of strike 5200
- CE of strike 5650
- CE of strike 5800
- CE of strike 6000
- CE of strike 5300
- PE of strike 5350
- PE of strike 5100
- PE of strike 5250
- CE of strike 5350
- PE of strike 4900
- PE of strike 5500
- CE of strike 5900
- PE of strike 5450
- CE of strike 5750
- CE of strike 5850
- PE of strike 4800
- PE of strike 5150
- PE of strike 5600
- CE of strike 6200
- CE of strike 5200
- CE of strike 6100
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 losing 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 buy signal for Dr Reddy in short term but BUY signal is weak.
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
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 5415.02 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 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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