Stock analysis Dr. Reddy's Laboratories Limited DRREDDY
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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 |
| 03 Fri May 2024 | 6349.55 | 6258.00 to 6419.90 | 0.99% | 1.3 times |
| 02 Thu May 2024 | 6287.50 | 6195.25 to 6299.80 | 1.34% | 1.4 times |
| 30 Tue Apr 2024 | 6204.30 | 6185.00 to 6313.00 | -1.47% | 0.85 times |
| 29 Mon Apr 2024 | 6297.10 | 6202.35 to 6325.00 | 0.72% | 0.66 times |
| 26 Fri Apr 2024 | 6252.10 | 6178.85 to 6308.85 | 0.54% | 0.92 times |
| 25 Thu Apr 2024 | 6218.75 | 5928.00 to 6262.00 | 4.5% | 2.07 times |
| 24 Wed Apr 2024 | 5950.80 | 5921.05 to 5994.85 | -0.02% | 0.6 times |
| 23 Tue Apr 2024 | 5952.10 | 5933.90 to 6065.00 | -1.06% | 0.67 times |
| 22 Mon Apr 2024 | 6016.10 | 5953.50 to 6064.00 | 1.23% | 0.74 times |
| 19 Fri Apr 2024 | 5942.85 | 5880.80 to 6000.00 | -0.24% | 0.76 times |
| 18 Thu Apr 2024 | 5957.15 | 5937.65 to 6127.50 | -1.54% | 1.33 times |
| 16 Tue Apr 2024 | 6050.35 | 5985.05 to 6073.85 | 0.66% | 0.91 times |
Technical analysis forecast of Dr. Reddy's Laboratories Limited 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 Dr. Reddy's Laboratories Limited DRREDDY at this time. Stock is rising and might rise 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 above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!
My analysis of Dr. Reddy's Laboratories Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Dr. Reddy's Laboratories Limited stays above 6289.8, but if it comes below 6289.8, then a intra day sell could be more profitable.
If you take a sell trade below 6289.8, then use 6289.8 as stoploss and 6167.29 as target. However if you take a buy trade in Dr. Reddy's Laboratories Limited, then use 6289.8 as stoploss and 6436.8 as target.