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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: 1174.77
  • 12Day Average: 1143.63
  • 20Day Average: 1141.04
  • 50Day Average: 1205.25
  • 100Day Average: 1241.74
  • 150Day Average: 2996.13
  • 200Day Average: 3897.89

DRREDDY Indicators & signals

Indicator MACD (12,26,9)

1156.87, 1166.81, -23.87
Indicator MACD is in negative zone

Indicator ADX (14)

13.62, 27.9, 21.21
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 32
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
21 Fri Mar 2025 1200.15 1177.05 to 1204.65 1.09% 1.55 times
20 Thu Mar 2025 1187.20 1165.30 to 1190.75 1.29% 1.02 times
19 Wed Mar 2025 1172.10 1158.10 to 1177.70 0.72% 1.01 times
18 Tue Mar 2025 1163.70 1149.00 to 1169.40 1.13% 1.16 times
17 Mon Mar 2025 1150.70 1101.50 to 1154.10 3.86% 1.81 times
13 Thu Mar 2025 1107.95 1095.05 to 1110.25 0.25% 0.87 times
12 Wed Mar 2025 1105.15 1092.45 to 1116.65 -1.03% 1.28 times
11 Tue Mar 2025 1116.65 1110.65 to 1126.95 -0.32% 0.59 times
10 Mon Mar 2025 1120.20 1115.40 to 1137.15 -1.15% 0.64 times
07 Fri Mar 2025 1133.25 1130.00 to 1145.20 -0.6% 0.53 times
06 Thu Mar 2025 1140.10 1118.65 to 1145.70 1.22% 1.1 times
05 Wed Mar 2025 1126.40 1110.55 to 1129.00 0.56% 0.84 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 1185.4, but if it comes below 1185.4, then a intra day sell could be more profitable.
If you take a sell trade below 1185.4, then use 1185.4 as stoploss and 1158.6 as target. However if you take a buy trade in Dr. Reddy's Laboratories Limited, then use 1185.4 as stoploss and 1217.5 as target.

More indepth analysis on MunafaSutra.com