Dr Reddy (DRREDDY) Technical (Analysis) Reports Dr Reddy ["Technical Analysis"] Reports -NSE Stock Exchange munafasutra.com
Complete & easy to understand technical analysis of Dr Reddy (DRREDDY)
Technical Analysis Report for NSE stock DRREDDY Dr Reddy. Dated: 28 Mar 2024 Updated Daily. Stock trades under Pharmaceuticals in NSE stock exchange
If you are looking for Tomorrow's Movement Predictions for NSE stock DRREDDY Dr Reddy then click here. or read Experts views on Dr Reddy or Forecast & share price targets of Dr Reddy
Dr Reddy Opened at 6078.00 and Closed at: 6157.90, which is 1.85% of previous session's close. It moved within a range of 6078.00 and 6209.80
The session was a Bullish session with an average volume of 517383, which is 43.83% of previous session's volumes.
- Even though the stock has shown an up move, but the short term trend of the stock remains negative and in a downtrend.
- The stock has shown an up move, and its mid term trend is also positive and in an uptrend.
- The stock has shown an up move, and its long term trend is also positive and in an uptrend.
Support for tomorrow is 6117.95 and resistance for tomorrow is 6249.75
These support and resistance points are valid for the first 5-15 minutes charts
Above are simple pivot point calculations. For a list of much stronger support and resistance levels click here. These are way more stronger support and resistance levels, and mark trend reversals and are Support & Resistance levels recommended by experts.
Support for tomorrow's hourly charts is 6087.33, 6016.77 resistance for tomorrow's hourly charts is 6219.13, 6280.37
10 Day SMA for Dr Reddy (DRREDDY) is 6182.7 and stock is trading below these levels. This is not a good sign for its short term trend
20 Day SMA for Dr Reddy (DRREDDY) is 6247.72 and the stock is trading below these levels. This is not a good sign for its mid term trend
50 Day SMA for Dr Reddy (DRREDDY) is 6166.98 and the stock is trading below these levels. This is not a good sign for its mid to long term trend
100 Day SMA is 5911.67 and the stock is trading above these levels. This is a good sign for its long term trend
200 Day SMA Dr Reddy is 5678.89 and stock is trading above these levels. This is a good sign for its long term trend
20 DMA of Dr Reddy is at 6247.72 and 200 DMA is at 5678.89, while 50 DMA and 100 DMA are at 6166.98 and 5911.67 respectively
Dr Reddy (DRREDDY) moving average of 20 SMA is at 6247.72 and 20 EMA is at 6214.18
Date | Closing Price | 20 SMA | 20 EMA |
28 Thu Mar | 6157.90 | 6247.72 | 6214.18 |
27 Wed Mar | 6044.10 | 6261.22 | 6220.1 |
26 Tue Mar | 6134.85 | 6281.5 | 6238.62 |
22 Fri Mar | 6203.20 | 6296.79 | 6249.54 |
21 Thu Mar | 6128.20 | 6308.74 | 6254.42 |
20 Wed Mar | 6103.30 | 6320.53 | 6267.7 |
Dr Reddy (DRREDDY) moving average of 50 SMA is at 6166.98 and 50 EMA is at 6145.81
Date | Closing Price | 50 SMA | 50 EMA |
28 Thu Mar | 6157.90 | 6166.98 | 6145.81 |
27 Wed Mar | 6044.10 | 6158.98 | 6145.32 |
26 Tue Mar | 6134.85 | 6153.76 | 6149.45 |
22 Fri Mar | 6203.20 | 6144.84 | 6150.05 |
21 Thu Mar | 6128.20 | 6134.63 | 6147.88 |
20 Wed Mar | 6103.30 | 6127.81 | 6148.68 |
Dr Reddy (DRREDDY) moving average of 100 SMA is at 5911.67 and 100 EMA is at 5968.72
Date | Closing Price | 100 SMA | 100 EMA |
28 Thu Mar | 6157.90 | 5911.67 | 5968.72 |
27 Wed Mar | 6044.10 | 5902.72 | 5964.9 |
26 Tue Mar | 6134.85 | 5895.66 | 5963.3 |
22 Fri Mar | 6203.20 | 5887.78 | 5959.83 |
21 Thu Mar | 6128.20 | 5879.42 | 5954.91 |
20 Wed Mar | 6103.30 | 5871.6 | 5951.41 |
Dr Reddy (DRREDDY) moving average of 200 SMA is at 5678.89 and 200 EMA is at 5666.09
Date | Closing Price | 200 SMA | 200 EMA |
28 Thu Mar | 6157.90 | 5678.89 | 5666.09 |
27 Wed Mar | 6044.10 | 5671.44 | 5661.12 |
26 Tue Mar | 6134.85 | 5664.46 | 5657.25 |
22 Fri Mar | 6203.20 | 5657.16 | 5652.43 |
21 Thu Mar | 6128.20 | 5649.33 | 5646.87 |
20 Wed Mar | 6103.30 | 5641.7 | 5642.01 |
Dr Reddy has performed better than Caplin Point in short term. Holding Dr Reddy could be a better choice for now!
Cipla has performed better than Dr Reddy in short term. You could have earned much better returns by investing in Cipla, about 5.27% more returns!
Divi S has performed better than Dr Reddy in short term. You could have earned much better returns by investing in Divi S, about 2.9% more returns!
Fdc has performed better than Dr Reddy in short term. You could have earned much better returns by investing in Fdc, about 1.45% more returns!
Dr Reddy has performed better than Hikal in short term. Holding Dr Reddy could be a better choice for now!
Dr Reddy has performed better than Ind Swift in short term. Holding Dr Reddy could be a better choice for now!
Ipca Laboratories has performed better than Dr Reddy in short term. You could have earned much better returns by investing in Ipca Laboratories, about 7.85% more returns!
Dr Reddy has performed better than Lincoln Pharma in short term. Holding Dr Reddy could be a better choice for now!
Dr Reddy has performed better than Lyka Labs in short term. Holding Dr Reddy could be a better choice for now!
Dr Reddy has performed better than Nectar Lifesciences in short term. Holding Dr Reddy could be a better choice for now!
Dr Reddy has performed better than Neuland Laboratories in short term. Holding Dr Reddy could be a better choice for now!
Dr Reddy has performed better than Piramal Enterprises in short term. Holding Dr Reddy could be a better choice for now!
Dr Reddy has performed better than Pfizer in short term. Holding Dr Reddy could be a better choice for now!
Rpg Life has performed better than Dr Reddy in short term. You could have earned much better returns by investing in Rpg Life, about 4.89% more returns!
Dr Reddy has performed better than Sanofi India in short term. Holding Dr Reddy could be a better choice for now!
Dr Reddy has performed better than Sequent Scientific in short term. Holding Dr Reddy could be a better choice for now!
Sun Pharmaceuticals has performed better than Dr Reddy in short term. You could have earned much better returns by investing in Sun Pharmaceuticals, about 6.85% more returns!
Dr Reddy has performed better than Unichem Laboratories in short term. Holding Dr Reddy could be a better choice for now!
Dr Reddy has performed better than Venus Remedies in short term. Holding Dr Reddy could be a better choice for now!
Dr Reddy Technical analysis of indicators
Price action analysis of Dr Reddy (DRREDDY) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Dr Reddy stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Dr Reddy in short term and the sell signal is strong.
Dr Reddy Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Dr Reddy in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Dr Reddy is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 6185.17 and Dr Reddy DRREDDY stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Dr Reddy DRREDDY stock. Volume based technical analysis of Dr Reddy DRREDDY stock is negative.
Dr Reddy Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Tomorrow's Predictions
You should also read Tomorrow's Movement Predictions for NSE stock DRREDDY Dr Reddy These predictions are based on various factors, are easy to understand, and upto 75% accurate!
And DRREDDY Experts View which covers a lot of information including buying and selling signals
DRREDDY future forecast & share price targets
You can also take a look at the Charts and indicator analysis here Announcements & NEWS by Dr Reddy or View Candle Stick Charts here
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