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Dr. Reddy's Laboratories Limited

DRREDDY.NS•NSE
Healthcare
Drug Manufacturers - Specialty & Generic
₹1271.20
₹-51.70(-3.91%)
Indian Market opens in 10h 58m

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

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

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.NS Technical Analysis Summary

Dr. Reddy's Laboratories Limited stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 52.29)
Trend Strength:Strong (ADX: 30.69)
Volatility:Medium (ATR: 39.81)
Support/Resistance:$1150.26 – $1362.22 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 52.29

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 65.61

Bullish
Buying momentum building without extremes.

Williams %R: -49.14

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 4.46

Bullish
Steady upward momentum.

Takeaway:Dr. Reddy's Laboratories Limited shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: 16.81

Bullish
Bullish, trend momentum is strengthening.

ADX: 30.69

Strong
Strong trend, momentum well established.

ATR (14): 39.81

Rising
Rising volatility, market activity increasing.

CCI (14): 29.68

Bullish
Bullish, momentum building upward.

Takeaway:Dr. Reddy's Laboratories Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$1362.22
Middle Band (SMA 20)
$1256.24
Lower Band
$1150.26
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$1359.57
Middle Line (EMA 20)
$1279.96
Lower Channel
$1200.34
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 Volume5.24M
Money Flow Index68.93Bullish, inflows support continued momentum.
Relative Vigor Index35.78Bearish, price momentum favors sellers.

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

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

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

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:Technical indicators for Dr. Reddy's Laboratories Limited are mixed, suggesting a Hold or wait-and-see approach.

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