Overall Technical outlook

Price Summary

On 2026-04-09, Dr. Reddy's Laboratories Limited's stock opened at 1189.0, reached 1214.7, hit a low of 1189.0, and rose 1.93% to close at 1211.9, with 2746534 shares traded.
The stock reached its highest price of 1362.7 and lowest price of 0.0 over the last 52 weeks.
Analysts predict that the future price will fluctuate between 1024.0 and 1615.0, with the mean expected price being approximately 1313.1614.

Technicals

Support and Resistance: The price is currently at 1211.9, supported by 1157.2 and resisted by 1240.2. This indicates a range where 1157.2 may provide a base for the price, while 1240.2 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 stance, with no definitive indication of an upward or downward trend for DRREDDY. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move.
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Bolinger Bands chart for Dr. Reddy's Laboratories Limited


Parabolic SAR: The PSAR maintains a bearish outlook for DRREDDY, establishing a key resistance level that could limit further gains. This ongoing bearish trend suggests that the market may struggle to overcome this resistance, keeping upward movement subdued.
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Parabolic Stop and Reverse chart for Dr. Reddy's Laboratories Limited


Stochastic: The current reading of the STOCHASTIC 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.
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Stochastic chart for Dr. Reddy's Laboratories Limited


Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction.
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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.