(RDY) Dr Reddy complete technical analysis [charts+indicators] | Buy/Sell Dr Reddy | (RDY) share price targets
Complete technical analysis of Dr Reddy (RDY) by charts plus indicators, forecast predictions and share price targets for Dr Reddy (RDY)
Dr Reddy trades in USA in Health Care sector.
Showing technical analysis as on 2024-03-15 View latest technical analysis
10 day averaged volume of Dr Reddy is 157460
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Fri Mar 2024 | 75.24 | 75.51 | 75.96 | 75.22 | 1.272 times |
| 14 Thu Mar 2024 | 75.45 | 75.30 | 75.49 | 74.90 | 0.888 times |
| 13 Wed Mar 2024 | 75.27 | 76.23 | 76.38 | 74.90 | 1.022 times |
| 12 Tue Mar 2024 | 76.32 | 76.73 | 76.73 | 76.23 | 0.868 times |
| 11 Mon Mar 2024 | 77.26 | 76.82 | 77.29 | 76.76 | 0.753 times |
| 08 Fri Mar 2024 | 76.58 | 76.35 | 76.87 | 76.18 | 0.798 times |
| 07 Thu Mar 2024 | 76.35 | 76.01 | 76.66 | 76.01 | 0.852 times |
| 06 Wed Mar 2024 | 75.62 | 75.87 | 76.29 | 75.39 | 1.186 times |
| 05 Tue Mar 2024 | 75.81 | 76.46 | 76.46 | 75.61 | 1.817 times |
| 04 Mon Mar 2024 | 76.06 | 75.77 | 76.27 | 75.63 | 0.768 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 75.4, but if it comes above 75.4, then a intra day buy could be more profitable.
If you take a sell trade below 75.4, then use 75.4 as stoploss and 74.5 as target. However if you take a buy trade in stock , then use 75.4 as stoploss and 76.21 as target.
Share price targets for Dr Reddy (RDY)
| Target Type | Value |
| Downside Target | 63.72 |
| Downside Target | 67.16 |
| Downside Target | 70.03 |
| Downside Target | 73.60 |
| Upside Target | 75.39 |
| Upside Target | 75.99 |
| Upside Target | 76.87 |
| Upside Target | 77.29 |
| Upside Target | 77.59 |
| Upside Target | 77.72 |
Intraday share price targets for Dr Reddy (RDY)
| Target Type | Value |
| Downside Intraday Target | 74.33 |
| Downside Intraday Target | 73.42 |
| Upside Intraday Target | 76.72 |
| Upside Intraday Target | 78.2 |
| Upside Intraday Target | 75.81 |
Weekly technical analysis of Dr Reddy (RDY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Fri Mar 2024 | 75.24 | 76.82 | 77.29 | 74.90 | 0.886 times |
| 08 Fri Mar 2024 | 76.58 | 75.77 | 76.87 | 75.39 | 1.145 times |
| 01 Fri Mar 2024 | 74.82 | 77.47 | 77.59 | 74.01 | 0.841 times |
| 23 Fri Feb 2024 | 77.59 | 75.75 | 77.72 | 75.30 | 0.806 times |
| 16 Fri Feb 2024 | 75.46 | 75.40 | 75.99 | 74.27 | 0.921 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Dr Reddy (RDY)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 15 Fri Mar 2024 | 75.24 | 74.66 | 77.29 | 74.01 | 0.426 times |
| 29 Thu Feb 2024 | 76.78 | 71.60 | 77.72 | 71.36 | 0.867 times |
| 31 Wed Jan 2024 | 71.95 | 70.17 | 73.60 | 67.16 | 0.758 times |
| 29 Fri Dec 2023 | 69.58 | 69.72 | 70.04 | 64.50 | 1.339 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Dr Reddy (RDY)
Price action analysis of Dr Reddy ( (RDY) ) 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.
Price action analysis of Dr Reddy ( (RDY) ) 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.
Price action analysis of Dr Reddy ( (RDY) ) 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.
Price action analysis of Dr Reddy ( (RDY) ) based on a mid to longer 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 SELL. 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 green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a buy signal for Dr Reddy in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY 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 75.91 and Dr Reddy (RDY) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the Dr Reddy (RDY) stock. Volume based technical analysis of Dr Reddy (RDY) 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.
Price action analysis of Dr Reddy ( (RDY) ) 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.
Price action analysis of Dr Reddy ( (RDY) ) 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.
Price action analysis of Dr Reddy ( (RDY) ) 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.
Price action analysis of Dr Reddy ( (RDY) ) based on a mid to longer 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 SELL. 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 green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a buy signal for Dr Reddy in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY 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 75.91 and Dr Reddy (RDY) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the Dr Reddy (RDY) stock. Volume based technical analysis of Dr Reddy (RDY) 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.