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Dr. Reddy's Laboratories Limited

DRREDDY.BO•BSE
Healthcare
Drug Manufacturers - Specialty & Generic
₹1235.20
₹3.20(0.26%)
Indian Market opens in 1h 36m

Dr. Reddy's Laboratories Limited (DRREDDY.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Dr. Reddy's Laboratories Limited (BSE:DRREDDY.BO).

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

Dr. Reddy's Laboratories Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 46.36)
Trend Strength:Strong (ADX: 30.53)
Volatility:Medium (ATR: 35.60)
Support/Resistance:$1176.74 – $1335.83 (Bollinger Bands)

Overall, Dr. Reddy's Laboratories Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 46.36

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 41.50

Neutral
Mid-range signal with no clear trend.

Williams %R: -52.42

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -4.56

Bearish
Selling pressure outweighs buying.

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

Trend & Volatility

MACD: -16.37

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 30.53

Strong
Strong trend, momentum well established.

ATR (14): 35.60

Rising
Rising volatility, market activity increasing.

CCI (14): -27.83

Bearish
Bearish, momentum remains under pressure.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$1335.83
Middle Band (SMA 20)
$1256.29
Lower Band
$1176.74
Current Position
Within Bands

Takeaway:Dr. Reddy's Laboratories Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$1316.38
Middle Line (EMA 20)
$1245.18
Lower Channel
$1173.97
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume217.61K
Money Flow Index64.52Bullish, inflows support continued momentum.
Relative Vigor Index55.90Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:DRREDDY.BO shows bullish money flow, with volume and vigor supporting buyers.

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

Bullish Signals

ADX above 20 → strong underlying trend.

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

Bearish Signals

MACD below signal line → short-term caution on momentum.

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

Technical Analysis FAQ