DrReddy DRREDDY full analysis,charts,indicators,moving averages,SMA,DMA,EMA,ADX,MACD,RSI

Dr Reddy DRREDDY WideScreen charts, DMA,SMA,EMA technical analysis, forecast prediction, by indicators ADX,MACD,RSI,CCI NSE stock exchange

operates under Pharmaceuticals sector

Daily price and charts and targets DrReddy

Strong Daily Stock price targets for DrReddy DRREDDY are 4659.43 and 4692.33

Daily Target 1	4632.72
Daily Target 2	4653.23
Daily Target 3	4665.6166666667
Daily Target 4	4686.13
Daily Target 5	4698.52

Daily price and volume Dr Reddy

Date	Closing	Open	Range	Volume
Wed 07 June 2023	4673.75 (0.8%)	4650.00	4645.10 - 4678.00	0.6377 times
Tue 06 June 2023	4636.65 (0.72%)	4610.00	4605.00 - 4640.00	0.6501 times
Mon 05 June 2023	4603.55 (-0.15%)	4631.00	4596.70 - 4652.00	0.6335 times
Fri 02 June 2023	4610.45 (1.28%)	4568.95	4565.05 - 4620.00	1.4043 times
Thu 01 June 2023	4552.05 (1.13%)	4509.85	4501.05 - 4559.95	0.8556 times
Wed 31 May 2023	4501.05 (-0.4%)	4510.00	4480.95 - 4529.65	3.533 times
Tue 30 May 2023	4518.90 (-0.82%)	4556.25	4498.85 - 4556.25	0.7666 times
Mon 29 May 2023	4556.25 (0.56%)	4547.90	4520.00 - 4569.00	0.5194 times
Fri 26 May 2023	4530.95 (0.6%)	4505.05	4499.95 - 4539.00	0.4213 times
Thu 25 May 2023	4503.95 (-0.34%)	4533.90	4482.40 - 4533.90	0.5785 times
Wed 24 May 2023	4519.25 (1.32%)	4465.00	4459.90 - 4524.00	0.9422 times

Daily chart DrReddy

Weekly price and charts DrReddy

Strong weekly Stock price targets for DrReddy DRREDDY are 4635.23 and 4716.53

Weekly Target 1	4568.18
Weekly Target 2	4620.97
Weekly Target 3	4649.4833333333
Weekly Target 4	4702.27
Weekly Target 5	4730.78

Weekly price and volumes for Dr Reddy

Date	Closing	Open	Range	Volume
Wed 07 June 2023	4673.75 (1.37%)	4631.00	4596.70 - 4678.00	0.3872 times
Fri 02 June 2023	4610.45 (1.75%)	4547.90	4480.95 - 4620.00	1.4265 times
Fri 26 May 2023	4530.95 (3.16%)	4409.00	4384.25 - 4539.00	0.7118 times
Fri 19 May 2023	4391.95 (-1.66%)	4470.15	4384.05 - 4547.90	0.9615 times
Fri 12 May 2023	4466.10 (-9.64%)	4945.00	4445.00 - 4966.70	2.7252 times
Fri 05 May 2023	4942.50 (0.26%)	4903.40	4903.40 - 4989.00	0.4017 times
Fri 28 April 2023	4929.85 (1.25%)	4854.00	4752.10 - 4939.00	0.8102 times
Fri 21 April 2023	4868.75 (0.33%)	4876.95	4819.75 - 4940.00	1.1566 times
Thu 13 April 2023	4852.90 (3.27%)	4732.00	4688.00 - 4919.60	0.8799 times
Thu 06 April 2023	4699.40 (1.66%)	4648.95	4598.10 - 4711.20	0.5395 times
Fri 31 March 2023	4622.75 (3.55%)	4490.00	4465.05 - 4656.50	0.8977 times

weekly chart DrReddy

Monthly price and charts DrReddy

Strong monthly Stock price targets for DrReddy DRREDDY are 4587.4 and 4764.35

Monthly Target 1	4440.65
Monthly Target 2	4557.2
Monthly Target 3	4617.6
Monthly Target 4	4734.15
Monthly Target 5	4794.55

Monthly price and volumes Dr Reddy

Date	Closing	Open	Range	Volume
Wed 07 June 2023	4673.75 (3.84%)	4509.85	4501.05 - 4678.00	0.2032 times
Wed 31 May 2023	4501.05 (-8.7%)	4903.40	4384.05 - 4989.00	1.3918 times
Fri 28 April 2023	4929.85 (6.64%)	4648.95	4598.10 - 4940.00	0.8167 times
Fri 31 March 2023	4622.75 (7.09%)	4316.45	4297.00 - 4656.50	0.9989 times
Tue 28 February 2023	4316.60 (-0.17%)	4341.00	4285.00 - 4564.00	0.8299 times
Tue 31 January 2023	4324.15 (2.04%)	4258.75	4175.10 - 4394.95	0.7633 times
Fri 30 December 2022	4237.55 (-5.56%)	4509.60	4201.00 - 4532.00	1.414 times
Wed 30 November 2022	4487.15 (1.21%)	4435.25	4315.00 - 4645.00	1.4042 times
Mon 31 October 2022	4433.70 (2.26%)	4315.00	4215.05 - 4625.00	0.9744 times
Fri 30 September 2022	4335.70 (2.14%)	4216.00	3997.00 - 4407.00	1.2037 times
Tue 30 August 2022	4245.05 (3.78%)	4139.80	4040.00 - 4329.90	1.1073 times

monthly chart DrReddy

Indicator Analysis of DrReddy

Tomorrow's movement Prediction of Dr Reddy DRREDDY appears to be in downtrend.

And this trend seems to be continuing further.

Price is above an important level of 4585.35 on charts, and as long as price remains above this level, the uptrend of stock might continue.

Tomorrow's movement Prediction of Dr Reddy DRREDDY appears to be moving in a flat line. Not much is happening in the stock trend.

Munafa value: 40 as on Wed 07 June 2023

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.

SMA20 is at 4523 and price is deviating by 69 points

Upper Bollinger band is at 4660 and lower is at 4387, while middle bands are at 4455 and 4591

Price is rising

Price is above 20day SMA

Price is in upper range of bands

Price action analysis of DrReddy (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 DrReddy stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for DrReddy 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.

DrReddy Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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 DrReddy in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of DrReddy is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 4552.76 and DrReddy 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 DrReddy DRREDDY stock. Volume based technical analysis of DrReddy DRREDDY stock is negative.

DrReddy Stock is giving positive 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.

DMA SMA EMA moving averages of Dr Reddy DRREDDY

DMA (daily moving average) of Dr Reddy DRREDDY

DMA period	DMA value
5 day DMA	4615.29
12 day DMA	4555.61
20 day DMA	4522.66
35 day DMA	4684.09
50 day DMA	4682.35
100 day DMA	4539.39
150 day DMA	4493.06
200 day DMA	4437.24

EMA (exponential moving average) of Dr Reddy DRREDDY

EMA period	EMA current	EMA prev	EMA prev2
5 day EMA	4619.79	4592.81	4570.89
12 day EMA	4585.33	4569.26	4557.01
20 day EMA	4592.82	4584.3	4578.79
35 day EMA	4602.93	4598.76	4596.53
50 day EMA	4655.49	4654.74	4655.48

SMA (simple moving average) of Dr Reddy DRREDDY

SMA period	SMA current	SMA prev	SMA prev2
5 day SMA	4615.29	4580.75	4557.2
12 day SMA	4555.61	4537.6	4517.21
20 day SMA	4522.66	4532.34	4547.17
35 day SMA	4684.09	4690.91	4697.07
50 day SMA	4682.35	4678.38	4674.03
100 day SMA	4539.39	4535.99	4532.34
150 day SMA	4493.06	4491.63	4490.66
200 day SMA	4437.24	4435.36	4433.48

Fundamentals, profit and EPS of Dr Reddy DRREDDY

EPS is 218.90 and PE is: 21.35

Last quarter profit: (December 2022 quarter) 1243.90 crores (75.37%)

Debt: 1728.90 in crores

Market capitalization: 73923.86

EPS is 186.82 and PE is: 25.02

Last quarter profit: (September 2022 quarter) 1114.20 crores (11.89%)

Debt: 1728.90 in crores

Market capitalization: 72570.04

Futures expiry: 29 Thu June 2023

Date	Closing	Open	Range	Volume
07 Wed	4696.70	4675.55	4673.90 to 4706.90	1 times
06 Tue	4665.95	4640.10	4635.90 to 4671.75	1 times
05 Mon	4634.05	4660.00	4625.30 to 4677.25	0.99 times
02 Fri	4647.30	4600.00	4590.80 to 4655.45	1.01 times
01 Thu	4584.85	4529.85	4529.85 to 4591.85	0.99 times

Futures expiry: 27 Thu July 2023

Date	Closing	Open	Range	Volume
07 Wed	4685.95	4673.10	4670.00 to 4695.00	0.97 times
06 Tue	4653.70	4627.95	4622.70 to 4659.95	0.96 times
05 Mon	4624.80	4652.30	4617.50 to 4656.15	0.99 times
02 Fri	4634.30	4585.15	4585.10 to 4644.10	0.99 times
01 Thu	4573.00	4547.70	4547.00 to 4579.20	1.08 times

Futures expiry: 31 Thu August 2023

Date	Closing	Open	Range	Volume
07 Wed	4707.15	4710.05	4707.15 to 4716.40	0.96 times
06 Tue	4680.35	4675.55	4669.50 to 4680.35	1.04 times
05 Mon	4661.35	4685.90	4660.00 to 4685.90	1.13 times
02 Fri	4670.25	4633.00	4626.00 to 4670.25	0.96 times
01 Thu	4597.00	4570.00	4570.00 to 4602.00	0.92 times

Option chain for Dr Reddy DRREDDY 29 Thu June 2023 expiry

DrReddy DRREDDY Option strike: 5200.00

Date	CE	PE	PCR
07 Wed June 2023	4.50	670.00	0.06
06 Tue June 2023	3.45	670.00	0.08
05 Mon June 2023	2.80	670.00	0.07
02 Fri June 2023	4.10	670.00	0.07
01 Thu June 2023	2.00	670.00	0.3

DrReddy DRREDDY Option strike: 5100.00

Date	CE	PE	PCR
07 Wed June 2023	6.95	504.90	0.01
06 Tue June 2023	5.95	504.90	0.01
05 Mon June 2023	5.60	504.90	0.01
02 Fri June 2023	6.70	504.90	0.01
01 Thu June 2023	5.85	504.90	0.01

DrReddy DRREDDY Option strike: 5000.00

Date	CE	PE	PCR
07 Wed June 2023	12.45	315.75	0.01
06 Tue June 2023	10.65	466.25	0.01
05 Mon June 2023	9.45	466.25	0.01
02 Fri June 2023	11.30	466.25	0.01
01 Thu June 2023	8.90	466.25	0.01

DrReddy DRREDDY Option strike: 4900.00

Date	CE	PE	PCR
07 Wed June 2023	21.10	220.95	0.03
06 Tue June 2023	17.85	388.85	0.03
05 Mon June 2023	15.40	388.85	0.03
02 Fri June 2023	19.00	388.85	0.04
01 Thu June 2023	14.00	388.85	0.04

DrReddy DRREDDY Option strike: 4850.00

Date	CE	PE	PCR
07 Wed June 2023	29.25	182.35	0.02
06 Tue June 2023	24.30	225.15	0.01
05 Mon June 2023	20.50	225.15	0.01
02 Fri June 2023	24.95	225.15	0.02
01 Thu June 2023	18.15	319.05	0.22

DrReddy DRREDDY Option strike: 4800.00

Date	CE	PE	PCR
07 Wed June 2023	40.75	141.95	0.03
06 Tue June 2023	34.10	186.30	0.02
05 Mon June 2023	28.85	186.30	0.02
02 Fri June 2023	33.80	265.50	0.01
01 Thu June 2023	24.45	265.50	0.01

DrReddy DRREDDY Option strike: 4750.00

Date	CE	PE	PCR
07 Wed June 2023	56.95	110.10	0.09
06 Tue June 2023	47.20	131.80	0.09
05 Mon June 2023	40.10	142.65	0.08
02 Fri June 2023	46.25	223.25	0.09
01 Thu June 2023	32.90	223.25	0.11

DrReddy DRREDDY Option strike: 4700.00

Date	CE	PE	PCR
07 Wed June 2023	79.05	80.80	0.13
06 Tue June 2023	64.80	98.65	0.11
05 Mon June 2023	54.90	120.30	0.16
02 Fri June 2023	62.25	113.90	0.18
01 Thu June 2023	44.75	156.85	0.2

DrReddy DRREDDY Option strike: 4650.00

Date	CE	PE	PCR
07 Wed June 2023	104.15	56.90	0.44
06 Tue June 2023	86.90	72.15	0.26
05 Mon June 2023	74.95	89.65	0.16
02 Fri June 2023	83.45	84.40	0.1
01 Thu June 2023	61.05	151.85	0.07

DrReddy DRREDDY Option strike: 4600.00

Date	CE	PE	PCR
07 Wed June 2023	136.20	39.40	0.77
06 Tue June 2023	114.75	49.90	0.52
05 Mon June 2023	99.55	64.55	0.41
02 Fri June 2023	109.70	62.35	0.33
01 Thu June 2023	82.50	96.10	0.16

DrReddy DRREDDY Option strike: 4550.00

Date	CE	PE	PCR
07 Wed June 2023	170.05	26.25	1.57
06 Tue June 2023	148.65	33.50	1.12
05 Mon June 2023	128.50	44.90	1.03
02 Fri June 2023	138.95	43.45	0.97
01 Thu June 2023	106.70	72.00	0.6

DrReddy DRREDDY Option strike: 4500.00

Date	CE	PE	PCR
07 Wed June 2023	213.85	17.90	1.47
06 Tue June 2023	186.40	22.15	1.44
05 Mon June 2023	163.30	30.20	1.31
02 Fri June 2023	175.60	28.95	1.32
01 Thu June 2023	136.90	51.65	0.81

DrReddy DRREDDY Option strike: 4450.00

Date	CE	PE	PCR
07 Wed June 2023	259.40	11.90	2.42
06 Tue June 2023	233.05	14.10	2.79
05 Mon June 2023	203.75	20.00	2.82
02 Fri June 2023	214.30	19.45	2.16
01 Thu June 2023	172.30	36.55	1.36

DrReddy DRREDDY Option strike: 4400.00

Date	CE	PE	PCR
07 Wed June 2023	304.00	8.40	5.94
06 Tue June 2023	272.95	9.35	7.09
05 Mon June 2023	244.25	13.00	7.59
02 Fri June 2023	258.55	13.15	7.31
01 Thu June 2023	209.35	25.20	5.56

DrReddy DRREDDY Option strike: 4300.00

Date	CE	PE	PCR
07 Wed June 2023	391.40	4.35	22.13
06 Tue June 2023	352.75	4.55	24.17
05 Mon June 2023	352.75	6.20	24.11
02 Fri June 2023	352.75	6.40	27.28
01 Thu June 2023	290.00	12.35	34.47

DrReddy DRREDDY Option strike: 4000.00

Date	CE	PE	PCR
07 Wed June 2023	540.00	1.70	75
06 Tue June 2023	540.00	2.45	79.25
05 Mon June 2023	540.00	2.15	80.25
02 Fri June 2023	540.00	2.25	84
01 Thu June 2023	540.00	3.70	84.5