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Stock analysis Dr. Reddy's Laboratories Limited DRREDDY

More indepth analysis on MunafaSutra.com

Moving Averages for Dr. Reddy's Laboratories Limited

  • 5Day Average: 1123.07
  • 12Day Average: 1126.35
  • 20Day Average: 1151.89
  • 50Day Average: 1229.06
  • 100Day Average: 1461.46
  • 150Day Average: 3226.9
  • 200Day Average: 4041.25

DRREDDY Indicators & signals

Indicator MACD (12,26,9)

1131.91, 1166.53, -36.84
Indicator MACD is in negative zone

Indicator ADX (14)

52.01, 10.54, 33.37
Indicator ADX is indicating that momentum is still strong.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 29
Indicator RSI is indicating selling pressure and stock might fall.

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

Date Close Range Change % Volume
12 Wed Mar 2025 1105.15 1092.45 to 1116.65 -1.03% 0.86 times
11 Tue Mar 2025 1116.65 1110.65 to 1126.95 -0.32% 0.4 times
10 Mon Mar 2025 1120.20 1115.40 to 1137.15 -1.15% 0.43 times
07 Fri Mar 2025 1133.25 1130.00 to 1145.20 -0.6% 0.36 times
06 Thu Mar 2025 1140.10 1118.65 to 1145.70 1.22% 0.74 times
05 Wed Mar 2025 1126.40 1110.55 to 1129.00 0.56% 0.57 times
04 Tue Mar 2025 1120.15 1105.05 to 1124.15 0.05% 0.48 times
03 Mon Mar 2025 1119.60 1103.90 to 1130.25 0.28% 0.82 times
28 Fri Feb 2025 1116.50 1104.55 to 1132.00 -0.8% 1.75 times
27 Thu Feb 2025 1125.55 1115.00 to 1136.35 -0.23% 1.55 times
25 Tue Feb 2025 1128.15 1122.50 to 1169.55 -3.13% 2.91 times
24 Mon Feb 2025 1164.55 1151.00 to 1173.90 1.11% 0.91 times

Technical analysis forecast for Dr. Reddy's Laboratories Limited 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's Laboratories Limited DRREDDY at this time. Stock is falling and might fall more.

It appears as if Dr. Reddy's Laboratories Limited DRREDDY gave a large move recently.

Stock of Dr. Reddy's Laboratories Limited (DRREDDY) 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's Laboratories Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Dr. Reddy's Laboratories Limited stays below 1114.2, but if it comes above 1114.2, then a intra day buy could be more profitable.
If you take a sell trade below 1114.2, then use 1114.2 as stoploss and 1070.6 as target. However if you take a buy trade in Dr. Reddy's Laboratories Limited, then use 1114.2 as stoploss and 1150.58 as target.

More indepth analysis on MunafaSutra.com