NSE Stock DRREDDY Historical charts - Dr. Reddy's Laboratories Limited

Historical charts for Stock DRREDDY - Share Dr. Reddy's Laboratories Limited trades in NSE under Pharmaceuticals

Moving Averages for

  • 5Day Average: 6077.97
  • 12Day Average: 6063.39
  • 20Day Average: 6103.57
  • 50Day Average: 6225.08
  • 100Day Average: 6011.27
  • 150Day Average: 5844.59

DRREDDY Indicators & signals

Indicator MACD (12,26,9)

6091.28, 6120.46, -45.66
Indicator MACD is in negative zone

Indicator ADX (14)

25.84, 29.37, 17.31
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 58
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of DRREDDY are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
26 Fri Apr 2024 6252.10 6178.85 to 6308.85 0.54% 1.02 times
25 Thu Apr 2024 6218.75 5928.00 to 6262.00 4.5% 2.3 times
24 Wed Apr 2024 5950.80 5921.05 to 5994.85 -0.02% 0.66 times
23 Tue Apr 2024 5952.10 5933.90 to 6065.00 -1.06% 0.74 times
22 Mon Apr 2024 6016.10 5953.50 to 6064.00 1.23% 0.83 times
19 Fri Apr 2024 5942.85 5880.80 to 6000.00 -0.24% 0.85 times
18 Thu Apr 2024 5957.15 5937.65 to 6127.50 -1.54% 1.48 times
16 Tue Apr 2024 6050.35 5985.05 to 6073.85 0.66% 1.01 times
15 Mon Apr 2024 6010.85 5982.25 to 6073.20 -1.2% 0.67 times
12 Fri Apr 2024 6083.85 6075.00 to 6189.00 -1.2% 0.98 times
10 Wed Apr 2024 6157.90 6145.00 to 6199.90 -0.16% 0.49 times
09 Tue Apr 2024 6167.90 6155.00 to 6230.20 -0.11% 0.32 times

Technical analysis forecast of DRREDDY Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in DRREDDY DRREDDY at this time. Stock is rising and might rise more.

It appears as if DRREDDY DRREDDY gave a large move recently.

Stock of DRREDDY (DRREDDY) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of DRREDDY is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if DRREDDY stays above 6211.4, but if it comes below 6211.4, then a intra day sell could be more profitable.
If you take a sell trade below 6211.4, then use 6211.4 as stoploss and 6107.97 as target. However if you take a buy trade in DRREDDY, then use 6211.4 as stoploss and 6335.6 as target.

Tomorrow's movement Prediction of DRREDDY is bullish. The stock is trading above weekly resistance and downside can only be expected once it trades below 6035.18

Munafa value: 60

Munafa value: 60

If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.

If the Munafa value is near 50, then the stock might show a sideways movement.

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NSE Stock DRREDDY Historical charts - Share Dr. Reddy's Laboratories Limited

 

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