DrReddy DRREDDY full analysis,charts,indicators,moving averages,SMA,DMA,EMA,ADX,MACD,RSI

Dr Reddy DRREDDY WideScreen charts, DMA,SMA,EMA technical analysis, forecast prediction, by indicators ADX,MACD,RSI,CCI NSE stock exchange

operates under Pharmaceuticals sector

Click here for today's live predictions for DRREDDY

Daily price and charts and targets DrReddy

Strong Daily Stock price targets for DrReddy DRREDDY are 5877.45 and 6008.55

Daily Target 1	5852.57
Daily Target 2	5902.33
Daily Target 3	5983.6666666667
Daily Target 4	6033.43
Daily Target 5	6114.77

Daily price and volume Dr Reddy

Date	Closing	Open	Range	Volume
Tue 23 April 2024	5952.10 (-1.06%)	6050.00	5933.90 - 6065.00	0.9182 times
Mon 22 April 2024	6016.10 (1.23%)	5975.00	5953.50 - 6064.00	1.0245 times
Fri 19 April 2024	5942.85 (-0.24%)	6000.00	5880.80 - 6000.00	1.0528 times
Thu 18 April 2024	5957.15 (-1.54%)	6099.95	5937.65 - 6127.50	1.8365 times
Tue 16 April 2024	6050.35 (0.66%)	6005.85	5985.05 - 6073.85	1.2545 times
Mon 15 April 2024	6010.85 (-1.2%)	6073.20	5982.25 - 6073.20	0.8294 times
Fri 12 April 2024	6083.85 (-1.2%)	6168.90	6075.00 - 6189.00	1.2132 times
Wed 10 April 2024	6157.90 (-0.16%)	6199.90	6145.00 - 6199.90	0.6025 times
Tue 09 April 2024	6167.90 (-0.11%)	6202.20	6155.00 - 6230.20	0.3955 times
Mon 08 April 2024	6174.55 (-0.08%)	6217.45	6135.05 - 6226.75	0.8729 times
Fri 05 April 2024	6179.30 (0.6%)	6142.50	6140.00 - 6305.85	1.6623 times

Daily chart DrReddy

Weekly price and charts DrReddy

Strong weekly Stock price targets for DrReddy DRREDDY are 5877.45 and 6008.55

Weekly Target 1	5852.57
Weekly Target 2	5902.33
Weekly Target 3	5983.6666666667
Weekly Target 4	6033.43
Weekly Target 5	6114.77

Weekly price and volumes for Dr Reddy

Date	Closing	Open	Range	Volume
Tue 23 April 2024	5952.10 (0.16%)	5975.00	5933.90 - 6065.00	0.4516 times
Fri 19 April 2024	5942.85 (-2.32%)	6073.20	5880.80 - 6127.50	1.1559 times
Fri 12 April 2024	6083.85 (-1.54%)	6217.45	6075.00 - 6230.20	0.7168 times
Fri 05 April 2024	6179.30 (0.35%)	6215.00	6047.50 - 6305.85	1.144 times
Thu 28 March 2024	6157.90 (-0.73%)	6190.00	6034.10 - 6211.45	0.7715 times
Fri 22 March 2024	6203.20 (-1.3%)	6292.10	6023.20 - 6354.90	1.0033 times
Fri 15 March 2024	6284.90 (-0.62%)	6369.00	6208.90 - 6428.00	1.22 times
Thu 07 March 2024	6324.15 (1.37%)	6240.00	6190.00 - 6439.35	0.8024 times
Sat 02 March 2024	6238.90 (-3.16%)	6445.05	6172.10 - 6505.90	1.7274 times
Fri 23 February 2024	6442.15 (1.98%)	6317.15	6231.35 - 6494.05	1.0071 times
Fri 16 February 2024	6317.15 (2.62%)	6234.30	6170.10 - 6409.85	1.5501 times

weekly chart DrReddy

Monthly price and charts DrReddy

Strong monthly Stock price targets for DrReddy DRREDDY are 5703.93 and 6128.98

Monthly Target 1	5621.2
Monthly Target 2	5786.65
Monthly Target 3	6046.25
Monthly Target 4	6211.7
Monthly Target 5	6471.3

Monthly price and volumes Dr Reddy

Date	Closing	Open	Range	Volume
Tue 23 April 2024	5952.10 (-3.34%)	6215.00	5880.80 - 6305.85	0.5649 times
Thu 28 March 2024	6157.90 (-4.15%)	6449.00	6023.20 - 6473.00	0.6874 times
Thu 29 February 2024	6424.25 (4.95%)	6089.45	5950.10 - 6505.90	0.9894 times
Wed 31 January 2024	6121.15 (5.58%)	5800.00	5520.65 - 6137.50	1.0691 times
Fri 29 December 2023	5797.90 (0.17%)	5800.00	5370.00 - 5890.80	1.2352 times
Thu 30 November 2023	5788.15 (7.84%)	5385.00	5247.10 - 5800.00	0.9623 times
Tue 31 October 2023	5367.55 (-3.93%)	5586.90	5205.55 - 5694.75	0.8921 times
Fri 29 September 2023	5587.00 (-0.37%)	5630.00	5411.00 - 5842.85	0.8843 times
Thu 31 August 2023	5607.85 (-0.58%)	5639.85	5590.00 - 5989.70	1.6058 times
Mon 31 July 2023	5640.45 (9.32%)	5159.60	5076.25 - 5660.40	1.1094 times
Fri 30 June 2023	5159.60 (14.63%)	4509.85	4501.05 - 5174.95	1.0163 times

monthly chart DrReddy

Indicator Analysis of DrReddy

Tomorrow's movement Prediction of Dr Reddy DRREDDY appears to be in downtrend.

But this trend seems to be weakening.

Price is below an important level of 6048.61 on charts, and if price remains below this level, then stock might show a fall in short term.

Tomorrow's movement Prediction of Dr Reddy DRREDDY appears to be moving in a flat line. No recent bulk deals happened to affect the stock trend.

Munafa value: 40 as on Tue 23 April 2024

This Munafa value indicates that the stock is moving downwards and might continue to move down.

SMA20 is at 6106 and price is deviating by 92 points

Upper Bollinger band is at 6289 and lower is at 5924, while middle bands are at 6015 and 6198

Price is coming down

Price is below 20day SMA

Price is in lower range of bands

Price action analysis of DrReddy (DRREDDY) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for DrReddy stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for DrReddy in short term and the sell signal is strong.

DrReddy Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for DrReddy in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of DrReddy is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 6032.14 and DrReddy DRREDDY stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the DrReddy DRREDDY stock. Volume based technical analysis of DrReddy DRREDDY stock is negative.

DrReddy Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

DMA SMA EMA moving averages of Dr Reddy DRREDDY

DMA (daily moving average) of Dr Reddy DRREDDY

DMA period	DMA value
5 day DMA	5983.71
12 day DMA	6069.62
20 day DMA	6105.8
35 day DMA	6182.91
50 day DMA	6229.63
100 day DMA	5998.84
150 day DMA	5837.13
200 day DMA	5767.07

EMA (exponential moving average) of Dr Reddy DRREDDY

EMA period	EMA current	EMA prev	EMA prev2
5 day EMA	5990.86	6010.23	6007.29
12 day EMA	6048.62	6066.16	6075.26
20 day EMA	6093.38	6108.24	6117.93
35 day EMA	6146.28	6157.71	6166.05
50 day EMA	6193.96	6203.83	6211.49

SMA (simple moving average) of Dr Reddy DRREDDY

SMA period	SMA current	SMA prev	SMA prev2
5 day SMA	5983.71	5995.46	6009.01
12 day SMA	6069.62	6083.98	6102.43
20 day SMA	6105.8	6113.36	6119.3
35 day SMA	6182.91	6196.51	6208.9
50 day SMA	6229.63	6234.19	6237.2
100 day SMA	5998.84	5995.79	5992.07
150 day SMA	5837.13	5835.27	5832.59
200 day SMA	5767.07	5762.8	5758.52

Fundamentals, profit and EPS of Dr Reddy DRREDDY

EPS is 313.66 and PE is: 18.98

Last quarter profit: (February 2024 quarter) 1380.90 crores (11.01%)

Debt: 1323.00 in crores

Market capitalization: 105376.00

EPS is 305.58 and PE is: 19.48

Last quarter profit: (September 2023 quarter) 1482.20 crores (33.03%)

Debt: 1323.00 in crores

Market capitalization: 93390.74

Futures expiry: 25 Thu April 2024

Date	Closing	Open	Range	Volume
23 Tue	5965.85	6063.25	5947.55 to 6063.30	0.62 times
22 Mon	6006.65	5979.15	5954.55 to 6042.75	0.88 times
19 Fri	5926.00	5884.95	5877.05 to 5988.15	1.16 times
18 Thu	5950.30	6052.80	5929.35 to 6114.85	1.23 times
16 Tue	6049.90	6006.35	5975.95 to 6068.80	1.12 times

Futures expiry: 30 Thu May 2024

Date	Closing	Open	Range	Volume
23 Tue	5996.40	6054.50	5980.00 to 6075.90	2.11 times
22 Mon	6036.40	5991.45	5991.45 to 6080.70	1.5 times
19 Fri	5967.05	5977.00	5902.05 to 6009.70	0.74 times
18 Thu	5993.15	6114.40	5971.50 to 6155.45	0.44 times
16 Tue	6091.25	6051.10	6016.95 to 6108.60	0.21 times

Futures expiry: 27 Thu June 2024

Date	Closing	Open	Range	Volume
23 Tue	6035.75	6110.85	6030.50 to 6110.90	1.34 times
22 Mon	6090.00	6075.00	6072.95 to 6116.85	1.07 times
19 Fri	6018.15	6048.50	5971.30 to 6048.50	0.99 times
18 Thu	6036.10	6125.00	6024.00 to 6130.50	0.85 times
16 Tue	6149.00	6133.30	6117.90 to 6149.00	0.76 times

Option chain for Dr Reddy DRREDDY 25 Thu April 2024 expiry

DrReddy DRREDDY Option strike: 7100.00

Date	CE	PE	PCR
23 Tue April 2024	0.75	1102.50	0.23
22 Mon April 2024	0.75	1102.50	0.23
19 Fri April 2024	0.70	1102.50	0.2
18 Thu April 2024	0.95	1102.50	0.2

DrReddy DRREDDY Option strike: 7000.00

Date	CE	PE	PCR
23 Tue April 2024	0.10	1003.25	0.01
22 Mon April 2024	0.60	1003.25	0.01
19 Fri April 2024	0.75	1003.25	0.01
18 Thu April 2024	1.10	1003.25	0.01

DrReddy DRREDDY Option strike: 6800.00

Date	CE	PE	PCR
23 Tue April 2024	0.40	852.45	0.04
22 Mon April 2024	0.70	852.45	0.03
19 Fri April 2024	0.65	852.45	0.03
18 Thu April 2024	1.90	852.45	0.02

DrReddy DRREDDY Option strike: 6750.00

Date	CE	PE	PCR
23 Tue April 2024	0.55	753.10	0.04
22 Mon April 2024	0.55	753.10	0.04
19 Fri April 2024	1.00	753.10	0.04
18 Thu April 2024	1.35	753.10	0.04

DrReddy DRREDDY Option strike: 6700.00

Date	CE	PE	PCR
23 Tue April 2024	0.50	704.20	0.03
22 Mon April 2024	1.55	704.20	0.03
19 Fri April 2024	1.50	704.20	0.02
18 Thu April 2024	1.85	704.20	0.01

DrReddy DRREDDY Option strike: 6600.00

Date	CE	PE	PCR
23 Tue April 2024	0.80	587.00	0.1
22 Mon April 2024	1.55	588.00	0.09
19 Fri April 2024	2.15	660.00	0.1
18 Thu April 2024	2.70	600.15	0.08

DrReddy DRREDDY Option strike: 6550.00

Date	CE	PE	PCR
23 Tue April 2024	1.20	519.25	0.1
22 Mon April 2024	1.30	519.25	0.08
19 Fri April 2024	2.50	519.25	0.06
18 Thu April 2024	3.30	519.25	0.05

DrReddy DRREDDY Option strike: 6500.00

Date	CE	PE	PCR
23 Tue April 2024	0.90	472.00	0.02
22 Mon April 2024	1.50	472.00	0.01
19 Fri April 2024	2.70	413.00	0.01
18 Thu April 2024	4.00	413.00	0.01

DrReddy DRREDDY Option strike: 6450.00

Date	CE	PE	PCR
23 Tue April 2024	1.05	500.20	0.01
22 Mon April 2024	1.70	500.20	0.01
19 Fri April 2024	3.20	500.20	0.02
18 Thu April 2024	5.15	500.20	0.01

DrReddy DRREDDY Option strike: 6400.00

Date	CE	PE	PCR
23 Tue April 2024	1.25	375.00	0.04
22 Mon April 2024	2.15	375.00	0.03
19 Fri April 2024	3.90	472.45	0.02
18 Thu April 2024	7.05	442.35	0.02

DrReddy DRREDDY Option strike: 6350.00

Date	CE	PE	PCR
23 Tue April 2024	1.30	411.05	0.05
22 Mon April 2024	2.60	411.05	0.05
19 Fri April 2024	4.50	411.05	0.04
18 Thu April 2024	8.30	411.05	0.03

DrReddy DRREDDY Option strike: 6300.00

Date	CE	PE	PCR
23 Tue April 2024	2.10	335.05	0.14
22 Mon April 2024	3.80	273.75	0.15
19 Fri April 2024	5.55	383.15	0.15
18 Thu April 2024	10.95	363.30	0.16

DrReddy DRREDDY Option strike: 6250.00

Date	CE	PE	PCR
23 Tue April 2024	2.55	234.50	0.15
22 Mon April 2024	6.25	306.70	0.18
19 Fri April 2024	7.45	306.70	0.16
18 Thu April 2024	13.80	306.70	0.16

DrReddy DRREDDY Option strike: 6200.00

Date	CE	PE	PCR
23 Tue April 2024	3.55	240.55	0.31
22 Mon April 2024	8.55	197.85	0.29
19 Fri April 2024	9.85	278.30	0.3
18 Thu April 2024	16.80	265.25	0.26

DrReddy DRREDDY Option strike: 6150.00

Date	CE	PE	PCR
23 Tue April 2024	5.65	202.00	0.15
22 Mon April 2024	13.50	154.65	0.16
19 Fri April 2024	13.65	265.55	0.14
18 Thu April 2024	22.15	215.15	0.14

DrReddy DRREDDY Option strike: 6100.00

Date	CE	PE	PCR
23 Tue April 2024	9.75	139.85	0.89
22 Mon April 2024	19.85	109.95	0.84
19 Fri April 2024	18.60	190.05	0.81
18 Thu April 2024	28.80	174.85	0.97

DrReddy DRREDDY Option strike: 6050.00

Date	CE	PE	PCR
23 Tue April 2024	16.90	94.70	0.24
22 Mon April 2024	33.20	76.20	0.26
19 Fri April 2024	27.35	147.50	0.3
18 Thu April 2024	40.95	132.95	0.43

DrReddy DRREDDY Option strike: 6000.00

Date	CE	PE	PCR
23 Tue April 2024	29.60	60.55	0.86
22 Mon April 2024	53.15	47.00	1.06
19 Fri April 2024	40.15	112.30	0.66
18 Thu April 2024	60.00	103.55	1.01

DrReddy DRREDDY Option strike: 5950.00

Date	CE	PE	PCR
23 Tue April 2024	50.45	33.85	0.52
22 Mon April 2024	82.65	24.70	0.59
19 Fri April 2024	59.55	79.20	0.29
18 Thu April 2024	84.70	78.75	0.63

DrReddy DRREDDY Option strike: 5900.00

Date	CE	PE	PCR
23 Tue April 2024	81.65	16.05	4.03
22 Mon April 2024	118.35	12.85	3.66
19 Fri April 2024	85.10	56.10	3.81
18 Thu April 2024	109.65	56.80	16.92

DrReddy DRREDDY Option strike: 5850.00

Date	CE	PE	PCR
23 Tue April 2024	120.20	8.60	0.66
22 Mon April 2024	158.30	6.50	1
19 Fri April 2024	117.00	39.45	0.43
18 Thu April 2024	150.35	41.35	0.35

DrReddy DRREDDY Option strike: 5800.00

Date	CE	PE	PCR
23 Tue April 2024	175.85	4.45	17.89
22 Mon April 2024	206.25	3.55	19.84
19 Fri April 2024	157.65	25.65	21.05
18 Thu April 2024	180.30	29.55	86

DrReddy DRREDDY Option strike: 5750.00

Date	CE	PE	PCR
23 Tue April 2024	171.05	2.65	18.33
22 Mon April 2024	171.05	2.25	22.67
19 Fri April 2024	171.05	17.15	22.67
18 Thu April 2024	286.20	21.20	53

DrReddy DRREDDY Option strike: 5700.00

Date	CE	PE	PCR
23 Tue April 2024	304.35	1.75	249
22 Mon April 2024	304.35	2.10	320
19 Fri April 2024	304.35	12.05	281
18 Thu April 2024	304.35	14.65	350

DrReddy DRREDDY Option strike: 5600.00

Date	CE	PE	PCR
23 Tue April 2024	434.25	0.90	48
22 Mon April 2024	434.25	6.25	50.67
19 Fri April 2024	434.25	6.25	50.67
18 Thu April 2024	434.25	6.85	45

DrReddy DRREDDY Option strike: 5500.00

Date	CE	PE	PCR
23 Tue April 2024	503.95	1.00	50.5
22 Mon April 2024	503.95	1.15	52.5
19 Fri April 2024	503.95	3.85	50
18 Thu April 2024	503.95	3.90	38.5