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 |
| 30 Tue Apr 2024 | 6204.30 | 6185.00 to 6313.00 | -1.47% | 0.92 times |
| 29 Mon Apr 2024 | 6297.10 | 6202.35 to 6325.00 | 0.72% | 0.72 times |
| 26 Fri Apr 2024 | 6252.10 | 6178.85 to 6308.85 | 0.54% | 0.99 times |
| 25 Thu Apr 2024 | 6218.75 | 5928.00 to 6262.00 | 4.5% | 2.23 times |
| 24 Wed Apr 2024 | 5950.80 | 5921.05 to 5994.85 | -0.02% | 0.64 times |
| 23 Tue Apr 2024 | 5952.10 | 5933.90 to 6065.00 | -1.06% | 0.72 times |
| 22 Mon Apr 2024 | 6016.10 | 5953.50 to 6064.00 | 1.23% | 0.8 times |
| 19 Fri Apr 2024 | 5942.85 | 5880.80 to 6000.00 | -0.24% | 0.82 times |
| 18 Thu Apr 2024 | 5957.15 | 5937.65 to 6127.50 | -1.54% | 1.44 times |
| 16 Tue Apr 2024 | 6050.35 | 5985.05 to 6073.85 | 0.66% | 0.98 times |
| 15 Mon Apr 2024 | 6010.85 | 5982.25 to 6073.20 | -1.2% | 0.65 times |
| 12 Fri Apr 2024 | 6083.85 | 6075.00 to 6189.00 | -1.2% | 0.95 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, 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 Dr. Reddy's Laboratories Limited is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 6245.4 as stoploss in an intra day sell trade for a target of 6133.44. However, stock will show a bullish move above 6245.4.