Overall Technical outlook

Price Summary

On 2026-04-30, Dr. Reddy's Laboratories Limited's shares started at 1327.0, peaked at 1340.3, bottomed out at 1313.6, and ended -0.31% down at 1322.9, with 1226962 shares traded.
The top price for the stock in the last 52 weeks is 1362.7, with the bottom price being 1148.0.
38 analysts predict that the future price of DRREDDY will be in the range of 1024.0 to 1615.0, with a mean expected price of about 1318.4508.

Technicals

Support and Resistance: The price is currently at 1322.9, supported by 1319.3 and resisted by 1319.3. This indicates a range where 1319.3 may provide a base for the price, while 1319.3 serves as a cap on further upward movement for DRREDDY.
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Support/Resistance for DRREDDY


Aroon: The AROON is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation.
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Aroon chart for Dr. Reddy's Laboratories Limited


Bol. Bands: The BOLL BANDS is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation.
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Bolinger Bands chart for Dr. Reddy's Laboratories Limited


Parabolic SAR: The PSAR maintains its bullish stance, setting a significant support level that could help sustain the market's upward movement. This strong support suggests that Dr. Reddy's Laboratories Limited is likely to continue trending higher, providing investors with confidence in the ongoing bullish momentum.
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Parabolic Stop and Reverse chart for Dr. Reddy's Laboratories Limited


Stochastic: The STOCHASTIC is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation.
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Stochastic chart for Dr. Reddy's Laboratories Limited


Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance for DRREDDY, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand.
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Tripple SMA chart for Dr. Reddy's Laboratories Limited


When evaluating a company's technical indicators like price trends and trading volume, it's important to also assess its fundamentals. Key factors include the company's profitability, growth rate, and financial stability. Furthermore, considering the industry within which the company operates provides additional context, as factors like competition and market demand can affect performance. By combining this analysis, you can make more informed judgments about the company's future prospects.