500124 NEWS why is Dr.reddy's price falling or rising

500124 NEWS reasons for why stock price of Dr.reddy's is falling or rising

500124 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 500124 at this time. Stock is falling and might fall more.

It appears as if Dr Reddy 500124 gave a large move recently.

Stock of Dr Reddy (500124) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Dr Reddy is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1326.9 as stoploss in an intra day buy trade for a target of 1364.6. However, stock will show a bearish move below 1326.9.

500124 Dr Reddy is falling or rising NEWS fundamental reasons

More announcements and NEWS

500124 Dr.reddy's current price & indicator signals

Moving Averages for Dr.reddy's

  • 5Day Average: 1356.26
  • 12Day Average: 1365.25
  • 20Day Average: 1344.58
  • 50Day Average: 1281.41
  • 100Day Average: 3841.26
  • 150Day Average: 4736.04
  • 200Day Average: 5059.23

500124 Indicators & signals

Indicator MACD (12,26,9)

1352.09, 1418.95, -102.98
Indicator MACD is in negative zone

Indicator ADX (14)

32.16, 18.41, 35.87
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 20
Indicator RSI is indicating selling pressure and stock might fall.

Recent prices of 500124 Dr.reddy's are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
13 Mon Jan 2025 1334.15 1331.25 to 1354.00 -1.48% 0.4 times
10 Fri Jan 2025 1354.20 1352.40 to 1385.00 -1.27% 0.65 times
09 Thu Jan 2025 1371.60 1364.45 to 1382.50 0.07% 0.23 times
08 Wed Jan 2025 1370.60 1361.55 to 1404.60 1.47% 1.03 times
07 Tue Jan 2025 1350.75 1347.50 to 1373.00 0.01% 1.46 times
06 Mon Jan 2025 1350.65 1333.25 to 1364.95 -0.16% 4.02 times
03 Fri Jan 2025 1352.75 1347.40 to 1378.80 -1.53% 0.36 times
02 Thu Jan 2025 1373.70 1369.85 to 1386.85 0.31% 0.57 times
01 Wed Jan 2025 1369.50 1356.25 to 1390.95 -1.35% 0.43 times
31 Tue Dec 2024 1388.25 1368.00 to 1395.00 0.78% 0.8 times
30 Mon Dec 2024 1377.55 1372.90 to 1391.00 -0.85% 0.44 times
27 Fri Dec 2024 1389.35 1346.90 to 1398.70 2.52% 0.79 times

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500124 NEWS why is Dr.reddy's price falling or rising

 

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