Overall Technical outlook

Price Summary

A -2.09% decrease in Dr. Reddy's Laboratories Limited's stock marked an lousy day on the market.
On 2026-02-27, Dr. Reddy's Laboratories Limited's stock opened at 1313.8, peaked at 1317.2, hit a low of 1278.2, and closed -2.09% lower at 1286.3, with 3510387 shares changing hands.
Over the past year, the stock's highest price was 1362.7, and its lowest was 1087.9.
As per recommendations from 38 analysts, DRREDDY's future price is expected to span between 1024.0 and 1615.0, with a mean price around 1313.1614.

Technicals

Support and Resistance: The current price of 1286.3 is supported at 1264.4, with resistance at 1316.7. This suggests that the price for DRREDDY might remain between these levels, where 1264.4 acts as a floor and 1316.7 as a ceiling in the market.
DRREDDY supportResistance 81d382
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.
DRREDDY aroon 81d382
Aroon chart for Dr. Reddy's Laboratories Limited


Bol. Bands: The BOLL BANDS is currently in a neutral position for Dr. Reddy's Laboratories Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent.
DRREDDY bbands 81d382
Bolinger Bands chart for Dr. Reddy's Laboratories Limited


Parabolic SAR: The PSAR for DRREDDY has shifted from bullish to bearish, hinting at a possible market reversal. If supported by other trends, this could be a very bearish signal. Traders should consider this development carefully and seek additional confirmation before making decisions.
DRREDDY psar 81d382
Parabolic Stop and Reverse chart for Dr. Reddy's Laboratories Limited


Stochastic: The current state of the STOCHASTIC is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty.
DRREDDY stoch 81d382
Stochastic chart for Dr. Reddy's Laboratories Limited


Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market.
DRREDDY trippleSMA 81d382
Tripple SMA chart for Dr. Reddy's Laboratories Limited


Before focusing on a company's technical data, such as stock price movements, it's essential to analyze its fundamentals. These include factors like profitability, cash flow, and debt management. Additionally, considering the broader industry landscape—including market trends, competition, and regulatory changes—offers deeper insights. This comprehensive approach allows for a more meaningful interpretation of the company's technical indicators, providing a clearer picture of its financial health and future prospects.