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, 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...

My analysis of Dr Reddy is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Dr Reddy stays below 1201.6, but if it comes above 1201.6, then a intra day buy could be more profitable.
If you take a sell trade below 1201.6, then use 1201.6 as stoploss and 1162.3 as target. However if you take a buy trade in Dr Reddy, then use 1201.6 as stoploss and 1234.35 as target.

500124 Dr Reddy is falling or rising NEWS fundamental reasons

Dr Reddys Share Price Live Updates: Dr. Reddy's Laboratories showcases stability with low beta - NEWS as on 2025-02-14 indiatimes.com

Dr Reddy's unit ties up with Shanghai Henlius Biotech Dr Reddy's Laboratories has partnered with Shanghai Henlius Biotech to develop and commercialize HLX15, a biosimilar to the cancer drug Darzalex. Henlius will manage development and manufacturing, receiving up to 1.6 million. Dr Reddy's gains exclusive - NEWS as on 2025-02-06 indiatimes.com

More announcements and NEWS

500124 Dr.reddy's current price & indicator signals

Moving Averages for Dr.reddy's

  • 5Day Average: 1209.32
  • 12Day Average: 1217.78
  • 20Day Average: 1223.31
  • 50Day Average: 1283.5
  • 100Day Average: 2456.67
  • 150Day Average: 3906.22
  • 200Day Average: 4449.41

500124 Indicators & signals

Indicator MACD (12,26,9)

1218.42, 1254.17, -42.62
Indicator MACD is in negative zone

Indicator ADX (14)

31.48, 16.81, 32.26
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
17 Mon Feb 2025 1199.75 1183.85 to 1202.00 0.33% 0.45 times
14 Fri Feb 2025 1195.85 1186.50 to 1229.80 -2.24% 1.51 times
13 Thu Feb 2025 1223.30 1216.00 to 1243.05 0.61% 1.32 times
12 Wed Feb 2025 1215.90 1202.60 to 1220.00 0.34% 1 times
11 Tue Feb 2025 1211.80 1201.80 to 1222.00 -0.74% 0.47 times
10 Mon Feb 2025 1220.85 1212.00 to 1241.45 -1.6% 0.79 times
07 Fri Feb 2025 1240.65 1226.60 to 1243.40 0.37% 0.53 times
06 Thu Feb 2025 1236.10 1230.90 to 1254.00 0.66% 1.66 times
05 Wed Feb 2025 1227.95 1216.20 to 1233.15 0.68% 0.37 times
04 Tue Feb 2025 1219.65 1202.00 to 1232.30 1.3% 1.26 times
03 Mon Feb 2025 1204.00 1192.25 to 1220.00 -1.12% 1.09 times
31 Fri Jan 2025 1217.60 1195.00 to 1221.40 1.9% 1.17 times

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

 

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