NSE Stock DRREDDY Historical charts - Dr. Reddy's Laboratories Limited

Historical charts for Stock DRREDDY - Share Dr. Reddy's Laboratories Limited trades in NSE under Pharmaceuticals

Moving Averages for

  • 5Day Average: 6031.54
  • 12Day Average: 5927.3
  • 20Day Average: 5893.89
  • 50Day Average: 6018.88
  • 100Day Average: 6092.93
  • 150Day Average: 5947.4

DRREDDY Indicators & signals

Indicator MACD (12,26,9)

5958.31, 5956.28, -33.95
Indicator MACD is in positive zone

Indicator ADX (14)

5.22, 23.7, 21.35
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 51
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of DRREDDY are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
12 Wed Jun 2024 6060.05 5991.00 to 6085.00 0.34% 0.61 times
11 Tue Jun 2024 6039.25 6028.00 to 6100.25 -1.1% 0.81 times
10 Mon Jun 2024 6106.15 6004.05 to 6157.65 0.74% 0.99 times
07 Fri Jun 2024 6061.30 5876.25 to 6084.10 2.89% 1.18 times
06 Thu Jun 2024 5890.95 5781.60 to 5926.00 1.15% 1.14 times
05 Wed Jun 2024 5824.15 5725.80 to 5881.70 1.63% 0.8 times
04 Tue Jun 2024 5730.80 5600.00 to 5827.35 -0.91% 1.04 times
03 Mon Jun 2024 5783.30 5777.15 to 5937.90 -0.15% 0.66 times
31 Fri May 2024 5791.85 5752.85 to 5904.65 -1.39% 1.62 times
30 Thu May 2024 5873.75 5833.00 to 5975.00 -2.12% 0.95 times
29 Wed May 2024 6000.75 5914.60 to 6017.95 0.59% 0.8 times
28 Tue May 2024 5965.30 5872.15 to 6005.10 1.58% 1.25 times

Technical analysis forecast of DRREDDY 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 DRREDDY DRREDDY at this time. Stock is rising and might rise more.

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

Stock of DRREDDY (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 DRREDDY is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if DRREDDY stays above 6054.9, but if it comes below 6054.9, then a intra day sell could be more profitable.
If you take a sell trade below 6054.9, then use 6054.9 as stoploss and 5948.79 as target. However if you take a buy trade in DRREDDY, then use 6054.9 as stoploss and 6182.2 as target.

Munafa value: 50

 Munafa value: 50

If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.

If the Munafa value is near 50, then the stock might show a sideways movement.

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NSE Stock DRREDDY Historical charts - Share Dr. Reddy's Laboratories Limited

 

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