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: 20 Dec 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 1326.00 and Closed at: 1343.65, which is 1.34% of previous session's close. It moved within a range of 1317.40 and 1368.70
The session was a Bullish session with an average volume of 7499087, which is 4.18% of previous session's volumes.
- The stock has shown an up move, and its short term trend is also positive and in an uptrend.
- Even though the stock has shown an up move, but the mid term trend of the stock remains negative and in a downtrend.
- Even though the stock has shown an up move, but the long term trend of the stock remains negative and in a downtrend.
A Golden cross was found 9 days back on short term averages
Support for tomorrow is 1330.53 and resistance for tomorrow is 1381.83
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 1317.8, 1291.95 resistance for tomorrow's hourly charts is 1369.1, 1394.55
10 Day SMA for Dr Reddy (DRREDDY) is 1270.83 and stock is trading above these levels. This is a good sign for its short term trend
20 Day SMA for Dr Reddy (DRREDDY) is 1246.08 and the stock is trading above these levels. This is a good sign for its mid term trend
50 Day SMA for Dr Reddy (DRREDDY) is 2436.93 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 4613.43 and the stock is trading below these levels. This is not a good sign for its long term trend
200 Day SMA Dr Reddy is 5418 and stock is trading below these levels. This is not a good sign for its long term trend
20 DMA of Dr Reddy is at 1246.08 and 200 DMA is at 5418, while 50 DMA and 100 DMA are at 2436.93 and 4613.43 respectively
Dr Reddy (DRREDDY) moving average of 20 SMA is at 1246.08 and 20 EMA is at 1371.43
| Date | Closing Price | 20 SMA | 20 EMA |
| 20 Fri Dec | 1343.65 | 1246.08 | 1371.43 |
| 19 Thu Dec | 1325.60 | 1239.36 | 1374.35 |
| 18 Wed Dec | 1275.40 | 1233.81 | 1379.48 |
| 18 Wed Dec | 1275.40 | 1229.8 | 1390.43 |
| 17 Tue Dec | 1247.65 | 1226.71 | 1402.53 |
| 16 Mon Dec | 1269.95 | 1224 | 1418.83 |
Dr Reddy (DRREDDY) moving average of 50 SMA is at 2436.93 and 50 EMA is at 2392.47
| Date | Closing Price | 50 SMA | 50 EMA |
| 20 Fri Dec | 1343.65 | 2436.93 | 2392.47 |
| 19 Thu Dec | 1325.60 | 2541.72 | 2435.26 |
| 18 Wed Dec | 1275.40 | 2648.51 | 2480.53 |
| 18 Wed Dec | 1275.40 | 2756.12 | 2529.7 |
| 17 Tue Dec | 1247.65 | 2862.81 | 2580.87 |
| 16 Mon Dec | 1269.95 | 2970.52 | 2635.26 |
Dr Reddy (DRREDDY) moving average of 100 SMA is at 4613.43 and 100 EMA is at 3700.58
| Date | Closing Price | 100 SMA | 100 EMA |
| 20 Fri Dec | 1343.65 | 4613.43 | 3700.58 |
| 19 Thu Dec | 1325.60 | 4669.64 | 3748.19 |
| 18 Wed Dec | 1275.40 | 4725.26 | 3797.13 |
| 18 Wed Dec | 1275.40 | 4780.01 | 3848.07 |
| 17 Tue Dec | 1247.65 | 4835.3 | 3900.04 |
| 16 Mon Dec | 1269.95 | 4891.22 | 3953.62 |
Dr Reddy (DRREDDY) moving average of 200 SMA is at 5418 and 200 EMA is at 4696.29
| Date | Closing Price | 200 SMA | 200 EMA |
| 20 Fri Dec | 1343.65 | 5418 | 4696.29 |
| 19 Thu Dec | 1325.60 | 5442.86 | 4730.15 |
| 18 Wed Dec | 1275.40 | 5467.75 | 4764.54 |
| 18 Wed Dec | 1275.40 | 5493.05 | 4799.78 |
| 17 Tue Dec | 1247.65 | 5517.86 | 4835.38 |
| 16 Mon Dec | 1269.95 | 5542.59 | 4871.62 |
Dr Reddy has performed better than Cipla in short term. Holding Dr Reddy could be a better choice for now!
Dr Reddy has performed better than Sun Pharmaceuticals in short term. Holding Dr Reddy could be a better choice for now!
Dr Reddy has performed better than Divi S in short term. Holding Dr Reddy could be a better choice for now!
Dr Reddy has performed better than Aarti Drugs in short term. Holding Dr Reddy could be a better choice for now!
Dr Reddy has performed better than Abbott India in short term. Holding Dr Reddy could be a better choice for now!
Dr Reddy has performed better than Alembic in short term. Holding Dr Reddy could be a better choice for now!
Dr Reddy has performed better than Alembic Pharmaceuticals in short term. Holding Dr Reddy could be a better choice for now!
Dr Reddy has performed better than Astrazeneca Pharma in short term. Holding Dr Reddy could be a better choice for now!
Dr Reddy has performed better than Caplin Point in short term. Holding Dr Reddy could be a better choice for now!
Dr Reddy has performed better than Fdc in short term. Holding Dr Reddy could be a better choice for now!
Dr Reddy has performed better than Granules India in short term. Holding Dr Reddy could be a better choice for now!
Dr Reddy has performed better than Lupin in short term. Holding Dr Reddy could be a better choice for now!
Dr Reddy has performed better than Marksans Pharma in short term. Holding Dr Reddy could be a better choice for now!
Dr Reddy has performed better than Natco Pharma 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!
Dr Reddy has performed better than Sun Pharma in short term. Holding Dr Reddy could be a better choice for now!
Dr Reddy has performed better than Unichem Laboratories 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Dr Reddy stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Dr Reddy in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Dr Reddy Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Dr Reddy in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY 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 1294.28 and Dr Reddy DRREDDY stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive returns over a short term period. Returns for a longer term period have been positive
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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