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Dr. Reddy's Laboratories Limited

DRREDDY.BO Technical Analysis Summary (BSE)

Analyze DRREDDY.BO on the BSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

DRREDDY.BO●BSE
HealthcareDrug Manufacturers - Specialty & Generic
₹1175.00
₹6.35(0.54%)
Indian Market opens in 17h 23m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

DRREDDY.BO Technical Analysis Summary (BSE)

Dr. Reddy's Laboratories Limited (BSE: DRREDDY.BO) stock currently shows a neutral trend on the BSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 43.28)
Trend Strength:Strong (ADX: 36.54)
Volatility:Medium (ATR: 23.80)
Support/Resistance:$1130.66 – $1213.82 (Bollinger Bands)

Technical conditions suggest Dr. Reddy's Laboratories Limited on the BSE is awaiting a decisive move. Technical conditions suggest Dr. Reddy's Laboratories Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 43.28

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 45.37

Neutral
Mid-range signal with no clear trend.

Williams %R: -59.71

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 0.44

Neutral
Price change is minimal.

Takeaway:Dr. Reddy's Laboratories Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -11.86

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 36.54

Strong
Strong trend, momentum well established.

ATR (14): 23.80

Rising
Rising volatility, market activity increasing.

CCI (14): -14.91

Neutral
Neutral, no strong directional signal.

Takeaway:Dr. Reddy's Laboratories Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$1213.82
Middle Band (SMA 20)
$1172.24
Lower Band
$1130.66
Current Position
Within Bands

Takeaway:Dr. Reddy's Laboratories Limited trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$1235.11
Middle Line (EMA 20)
$1187.50
Lower Channel
$1139.89
Squeeze Status
Squeeze On

Takeaway:Dr. Reddy's Laboratories Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-1.57M
Money Flow Index47.27Neutral, balanced money flows with no clear signal.
Relative Vigor Index34.61Bearish, price momentum favors sellers.

Overall Takeaway:DRREDDY.BO shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Dr. Reddy's Laboratories Limited (BSE: DRREDDY.BO), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Dr. Reddy's Laboratories Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(BSE: DRREDDY.BO) Technical Analysis FAQ