RDY NEWS why is Dr. Reddy's Laboratories Ltd price falling or rising

RDY NEWS reasons for why stock price of Dr. Reddy's Laboratories Ltd is falling or rising

RDY 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 RDY at this time. Stock is falling and might fall more.

It appears as if Dr Reddy RDY gave a large move recently.

Stock of Dr Reddy (RDY) 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 stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 4.5 as stoploss in an intra day buy trade for a target of 25.78. However, stock will show a bearish move below 4.5.

RDY Dr Reddy is falling or rising NEWS fundamental reasons

Stocks in news: RIL, PC Jeweller, Dr Reddy's, Enviro Infra Engineers, HDFC Life, SBI Life Leading exchange BSE has revised the price band of Adani Total, Paytm, LIC, Jio Financial, Angel One, Zomato among 55 stocks to 10% with effect from November 29. - NEWS as on 2024-11-29 indiatimes.com

Dr Reddy's launches novel cancer therapy Toripalimab in India Dr. Reddy’s has launched Toripalimab, a novel immuno-oncology drug, in India for treating recurrent or metastatic nasopharyngeal carcinoma (RM-NPC). Toripalimab, already approved by USFDA and EMA, will be marketed as Zytorvi. It shows significant efficac - NEWS as on 2024-11-28 indiatimes.com

Dr Reddy's launches drug for neck, head cancer Dr Reddy's Laboratories launched toripalimab, an immune oncology drug for adults with a rare form of head and neck cancer, in India. This drug is for treating recurrent or metastatic nasopharyngeal carcinoma. It will be marketed under the name Zytorvi. Bef - NEWS as on 2024-11-28 indiatimes.com

S&P 500’s seven-session win streak is in jeopardy — live coverage - NEWS as on 2024-11-27 marketwatch.com

More announcements and NEWS

RDY Dr. Reddy's Laboratories Ltd current price & indicator signals

Moving Averages for Dr. Reddy's Laboratories Ltd

  • 5Day Average: 14.16
  • 12Day Average: 14.27
  • 20Day Average: 23.42
  • 50Day Average: 56.5
  • 100Day Average: 68.85
  • 150Day Average: 69.95
  • 200Day Average: 70.99

RDY Indicators & signals

Indicator MACD (12,26,9)

17.89, 31.4, -14.89
Indicator MACD is in negative zone

Indicator ADX (14)

91.08, 3.74, 80.21
Indicator ADX is indicating that momentum is still strong.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 16
Indicator RSI is indicating selling pressure and stock might fall.

Recent prices of RDY Dr. Reddy's Laboratories Ltd are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
26 Tue Nov 2024 14.14 14.05 to 14.35 0% 1.79 times
26 Tue Nov 2024 14.14 14.05 to 14.35 -1.26% 1.79 times
25 Mon Nov 2024 14.32 14.20 to 14.43 0.85% 1.21 times
22 Fri Nov 2024 14.20 14.12 to 14.30 1.5% 0.97 times
21 Thu Nov 2024 13.99 13.93 to 14.25 -2.17% 1.15 times
20 Wed Nov 2024 14.30 14.24 to 14.40 -0.35% 0.76 times
19 Tue Nov 2024 14.35 14.10 to 14.35 1.77% 0.73 times
18 Mon Nov 2024 14.10 13.97 to 14.18 -0.49% 1.36 times
15 Fri Nov 2024 14.17 14.01 to 14.24 -0.49% 0.69 times
14 Thu Nov 2024 14.24 14.18 to 14.50 -2.2% 0.83 times
13 Wed Nov 2024 14.56 14.51 to 14.72 -1.42% 0.51 times
12 Tue Nov 2024 14.77 14.70 to 14.95 -1.53% 0.51 times

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