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Technicals for Dr. Reddy's Laboratories Limited
By MusingTheNews
2025-10-17 20:32
Overall Technical outlook
Price Summary
On 2025-10-17, Dr. Reddy's Laboratories Limited's stock opened at 1245.0, reached 1262.0, hit a low of 1238.1, and rose 0.88% to close at 1255.9, with 1472969 shares traded. The stock reached its highest price of 6741.1 and lowest price of 1087.9 over the last 52 weeks. 39 analysts forecast that the price of DRREDDY will range from 990.0 to 1660.0, with an average expected price near 1291.8239.
Technicals
Support and Resistance: The price of 1255.9 is supported at 1200.8 and encounters resistance at 1260.9. This suggests key levels where the price might find stability, with 1200.8 providing a base and 1260.9 acting as an upper boundary for DRREDDY. Support/Resistance for DRREDDY
Aroon: The current reading of the AROON is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Aroon chart for Dr. Reddy's Laboratories Limited
Bol. Bands: The current state of the BOLL BANDS is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment. Bolinger Bands chart for Dr. Reddy's Laboratories Limited
Parabolic SAR: The PSAR remains bullish in its outlook, setting a key support level that could sustain the ongoing upward trend. This strong support indicates that the market may continue to rise, with the bullish momentum likely to persist for DRREDDY. Parabolic Stop and Reverse chart for Dr. Reddy's Laboratories Limited
Stochastic: The STOCHASTIC is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Stochastic chart for Dr. Reddy's Laboratories Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment. Tripple SMA chart for Dr. Reddy's Laboratories Limited
To properly assess the technical data of a company, it's important to first look at its fundamentals, such as its earnings, growth potential, and management effectiveness. Equally, understanding the industry trends, competition, and external economic factors that influence the company is vital. This holistic view helps draw meaningful conclusions about the company's technical performance, allowing investors to better gauge its stock price behavior, volatility, and market trends.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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