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(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.

10 day averaged volume of Dr Reddy is 201960

Date Daily Closing Price Open High Low Volume
27 Wed Mar 2024 72.31 72.91 73.27 72.19 0.769 times
26 Tue Mar 2024 72.80 73.40 73.61 72.78 0.717 times
25 Mon Mar 2024 73.41 73.22 73.56 73.02 0.815 times
22 Fri Mar 2024 73.48 73.50 74.19 73.48 1.036 times
21 Thu Mar 2024 72.90 72.31 73.67 72.06 0.811 times
20 Wed Mar 2024 72.81 72.94 73.04 72.14 0.802 times
19 Tue Mar 2024 73.04 73.96 74.13 72.53 2.126 times
18 Mon Mar 2024 75.49 75.65 75.79 75.34 1.213 times
15 Fri Mar 2024 75.24 75.51 75.96 75.22 0.992 times
14 Thu Mar 2024 75.45 75.30 75.49 74.90 0.692 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 73.4, but if it comes above 73.4, then a intra day buy could be more profitable.
If you take a sell trade below 73.4, then use 73.4 as stoploss and 71.5 as target. However if you take a buy trade in stock , then use 73.4 as stoploss and 74.89 as target.

Share price targets for Dr Reddy (RDY)

Target Type Value
Downside Target 63.72
Downside Target 67.16
Downside Target 70.03
Upside Target 74.90
Upside Target 75.39
Upside Target 75.79
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 71.8
Downside Intraday Target 71.28
Upside Intraday Target 73.22
Upside Intraday Target 74.12
Upside Intraday Target 72.7

Weekly technical analysis of Dr Reddy (RDY)

Date Weekly Closing Price Open High Low Volume
27 Wed Mar 2024 72.31 73.22 73.61 72.19 0.384 times
22 Fri Mar 2024 73.48 75.65 75.79 72.06 1.599 times
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

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
27 Wed Mar 2024 72.31 74.66 77.29 72.06 0.828 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Dr Reddy ( (RDY) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 green color and prices are in or below the green 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 but selling is losing 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 73.7 and Dr Reddy (RDY) 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 (RDY) stock. Volume based technical analysis of Dr Reddy (RDY) 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.

Price action analysis of Dr Reddy ( (RDY) ) 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.

Price action analysis of Dr Reddy ( (RDY) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 green color and prices are in or below the green 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 but selling is losing 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 73.7 and Dr Reddy (RDY) 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 (RDY) stock. Volume based technical analysis of Dr Reddy (RDY) 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.

Daily charts

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Daily chart
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