munafasutra.com icon email contact
DRREDDY NEWS why is Dr. Reddy's Laboratories Limited price falling or rising - munafasutra.com

Join MunafaSutra famous daily stock market newsletter, enter email:

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 of Dr Reddy 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 Dr Reddy DRREDDY at this time. Stock is rising and might rise more.

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

Stock of Dr Reddy (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 Dr Reddy is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 4458.9 as stoploss in an intra day sell trade for a target of 4410.79. However, stock will show a bullish move above 4458.9.

DRREDDY Dr Reddy is falling or rising NEWS fundamental reasons

Company Announcement Dr. Reddy's Laboratories Limited has informed the Exchange about Loss of Share Certificates - NEWS as on 2023-03-20

Eris down 4% in 2 days post acquisition of 9 derma brands from Dr Reddy's Eris Life said that the transaction would help augment and expand cosmetic dermatology business of the company through their product offerings - NEWS as on 2023-03-17 business-standard.com

Company Announcement Dr. Reddy's Laboratories Limited has informed the Exchange regarding a press release dated March 16, 2023, titled "Dr. Reddy s divests certain non-core brands in dermatology in India to Eris Lifesciences to focus on strengthening core". - NEWS as on 2023-03-16

Eris Lifesciences Ltd buys 9 dermatology brands from Dr Reddy's for mn Eris and Dr. Reddy's did not immediately respond to Reuters' requests seeking the names of the dermatology brands - NEWS as on 2023-03-16 business-standard.com

Eris Lifesciences buys dermatology brands from Dr Reddy's for Rs 275 crore In January Eris had bought some derma brands from Glenmark Pharma as well - NEWS as on 2023-03-16 business-standard.com

Company Announcement Dr. Reddy's Laboratories Limited has informed the Exchange regarding allotment of 1873 securities pursuant to ESOP/ESPS at its meeting held on March 11, 2023 - NEWS as on 2023-03-13

Company Announcement Dr. Reddy's Laboratories Limited has informed the Exchange about Schedule of meet - NEWS as on 2023-02-28

Company Announcement Dr. Reddy's Laboratories Limited has informed the Exchange regarding a press release dated February 27, 2023, titled "Dr. Reddy's Laboratories announces agreement to acquire Mayne Pharma s U.S. generic prescription product portfolio.". - NEWS as on 2023-02-27

Company Announcement Dr. Reddy's Laboratories Limited has informed the Exchange regarding Allotment of 1342 Shares. - NEWS as on 2023-02-16

Company Announcement Dr. Reddy's Laboratories Limited has informed the Exchange regarding a press release dated February 08, 2023, titled "Dr. Reddy s included in Bloomberg Gender-Equality Index for the 6th year in a row and S&P Global s Sustainability Yearbook for the 3rd yea - NEWS as on 2023-02-09

Company Announcement Dr. Reddy's Laboratories Limited has informed the Exchange about Transcript - NEWS as on 2023-01-31

Company Announcement Dr. Reddy's Laboratories Limited has informed the Exchange about Issue of Duplicate Share certificates - NEWS as on 2023-01-27

More announcements and NEWS

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

Moving Averages for Dr. Reddy's Laboratories Limited

  • 5Day Average: 4400.68
  • 12Day Average: 4403.69
  • 20Day Average: 4415.22
  • 50Day Average: 4390.65
  • 100Day Average: 4398.98
  • 150Day Average: 4353.3
  • 200Day Average: 4342.99

DRREDDY Indicators & signals

Indicator MACD (12,26,9)

4408.32, 4410.07, -1.5
Indicator MACD is in negative zone

Indicator ADX (14)

2.44, 16.92, 16.11
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 49
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
20 Mon Mar 2023 4439.45 4422.50 to 4494.00 0.07% 2.58 times
17 Fri Mar 2023 4436.15 4383.75 to 4463.15 1.2% 2.02 times
16 Thu Mar 2023 4383.75 4370.35 to 4430.00 -0.24% 0.91 times
15 Wed Mar 2023 4394.50 4340.80 to 4425.00 1.03% 1.12 times
14 Tue Mar 2023 4349.55 4309.00 to 4420.90 -0.48% 1.4 times
13 Mon Mar 2023 4370.40 4345.50 to 4415.95 -0.57% 0.53 times
10 Fri Mar 2023 4395.55 4350.00 to 4413.05 0.33% 1.1 times
09 Thu Mar 2023 4380.95 4371.80 to 4438.35 -1.02% 0.67 times
08 Wed Mar 2023 4426.25 4401.25 to 4444.00 -0.29% 0.77 times
06 Mon Mar 2023 4439.20 4416.05 to 4458.80 0.03% 0.57 times
03 Fri Mar 2023 4437.95 4360.50 to 4446.95 1.08% 0.9 times
02 Thu Mar 2023 4390.60 4320.00 to 4401.45 1.07% 0.92 times

Videos related to: DRREDDY NEWS why is Dr. Reddy's Laboratories Limited price falling or rising

 Videos related to: DRREDDY NEWS why is Dr. Reddy's Laboratories Limited price falling or rising

Hindi Video The Truth Of Stock Markets That Everyone Is Hiding From You

Hindi Basics How To Trade In FnO Futures Options Stock Market

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

 

Back to top | Use Dark Theme