DRREDDY NEWS why is Dr. Reddy's Laboratories Limited price falling or rising

DRREDDY NEWS reasons for why stock price of Dr. Reddy's Laboratories Limited is falling or rising

DRREDDY Dr Reddy is falling or rising technical reasons

Technical analysis forecast for Dr Reddy Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Dr Reddy DRREDDY at this time. Stock is falling and might fall more.

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

Stock of Dr Reddy (DRREDDY) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

Although my analysis for Dr Reddy is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 5938.6, for a target of 6036.2 or 6117.61

DRREDDY Dr Reddy is falling or rising NEWS fundamental reasons

Company Announcement Dr. Reddy's Laboratories Limited has informed the Exchange about Earnings call notification for Q4 FY 2024 - Revised - NEWS as on 2024-04-19

Company Announcement Dr. Reddy's Laboratories Limited has informed the Exchange about Loss of Share Certificates - NEWS as on 2024-04-18

Company Announcement - NEWS as on 2024-04-18

Hold Sun Pharma and Dr Reddy's; buy Natco on dips among pharma stocks: Mayuresh Joshi Mayuresh Joshi shares insights on pharma and telecom sectors, focusing on key players like Sun Pharma, Dr Reddy's, Bharti Hexacom, and Exide. The discussion also includes Vodafone's FPO and the potential of Li-Ion battery makers. - NEWS as on 2024-04-14 indiatimes.com

Company Announcement Dr. Reddy's Laboratories Limited has informed the Exchange regarding 'Press Release'. - NEWS as on 2024-04-12

Company Announcement Dr. Reddy's Laboratories Limited has informed the Exchange about Copy of Newspaper Publication - NEWS as on 2024-04-12

Company Announcement Dr. Reddy's Laboratories Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 - NEWS as on 2024-04-03

Company Announcement Dr. Reddy's Laboratories Limited has informed the Exchange about Issue of Letter of confirmation in lieu of Duplicate Share certificate - NEWS as on 2024-04-01

More announcements and NEWS

DRREDDY Dr. Reddy's Laboratories Limited current price & indicator signals

Moving Averages for Dr. Reddy's Laboratories Limited

  • 5Day Average: 6009.01
  • 12Day Average: 6102.43
  • 20Day Average: 6119.3
  • 50Day Average: 6237.2
  • 100Day Average: 5992.07
  • 150Day Average: 5832.59
  • 200Day Average: 5758.52

DRREDDY Indicators & signals

Indicator MACD (12,26,9)

6075.25, 6134.96, -36.54
Indicator MACD is in negative zone

Indicator ADX (14)

18.61, 17.48, 25.47
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 51
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of DRREDDY Dr. Reddy's Laboratories Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
19 Fri Apr 2024 5942.85 5880.80 to 6000.00 -0.24% 0.98 times
18 Thu Apr 2024 5957.15 5937.65 to 6127.50 -1.54% 1.71 times
16 Tue Apr 2024 6050.35 5985.05 to 6073.85 0.66% 1.17 times
15 Mon Apr 2024 6010.85 5982.25 to 6073.20 -1.2% 0.77 times
12 Fri Apr 2024 6083.85 6075.00 to 6189.00 -1.2% 1.13 times
10 Wed Apr 2024 6157.90 6145.00 to 6199.90 -0.16% 0.56 times
09 Tue Apr 2024 6167.90 6155.00 to 6230.20 -0.11% 0.37 times
08 Mon Apr 2024 6174.55 6135.05 to 6226.75 -0.08% 0.81 times
05 Fri Apr 2024 6179.30 6140.00 to 6305.85 0.6% 1.55 times
04 Thu Apr 2024 6142.50 6047.50 to 6175.00 0.3% 1.14 times
03 Wed Apr 2024 6124.40 6112.00 to 6268.00 -1.81% 0.77 times
02 Tue Apr 2024 6237.55 6206.00 to 6268.95 -0.2% 0.68 times

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DRREDDY NEWS why is Dr. Reddy's Laboratories Limited price falling or rising

 

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