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 |
| 21 Tue Jan 2025 | 1288.15 | 1285.65 to 1312.95 | -1.09% | 0.39 times |
| 20 Mon Jan 2025 | 1302.35 | 1293.65 to 1309.00 | -0.54% | 0.3 times |
| 17 Fri Jan 2025 | 1309.40 | 1288.00 to 1320.70 | 0.51% | 0.76 times |
| 16 Thu Jan 2025 | 1302.75 | 1297.00 to 1347.00 | -2.58% | 0.64 times |
| 15 Wed Jan 2025 | 1337.20 | 1313.95 to 1345.00 | -0.03% | 1.03 times |
| 14 Tue Jan 2025 | 1337.55 | 1323.65 to 1348.85 | 0.18% | 0.73 times |
| 13 Mon Jan 2025 | 1335.10 | 1330.20 to 1354.15 | 0% | 1.5 times |
| 13 Mon Jan 2025 | 1335.10 | 1330.20 to 1354.15 | -1.42% | 1.5 times |
| 10 Fri Jan 2025 | 1354.40 | 1352.60 to 1386.00 | -1.25% | 0.84 times |
| 09 Thu Jan 2025 | 1371.60 | 1364.10 to 1382.95 | 0.06% | 0.86 times |
| 08 Wed Jan 2025 | 1370.75 | 1358.00 to 1405.90 | 1.42% | 1.84 times |
| 07 Tue Jan 2025 | 1351.55 | 1347.50 to 1373.05 | 0.09% | 0.92 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 1309, but if it comes above 1309, then a intra day buy could be more profitable.
If you take a sell trade below 1309, then use 1309 as stoploss and 1274.7 as target. However if you take a buy trade in Dr. Reddy's Laboratories Limited, then use 1309 as stoploss and 1337.55 as target.