Overall Technical outlook

Price Summary

On 2025-07-16, Dr. Reddy's Laboratories Limited's stock opened at 1260.9, peaked at 1262.0, hit a low of 1250.0, and closed -0.12% lower at 1259.4, with 1159852 shares changing hands.
In the 52-week period, the stock's peak price is 7062.45, and the lowest price recorded is 1087.9.
The projected price range for Dr. Reddy's Laboratories Limited is between 902.0 and 1575.0, with an expected mean price of 1268.7406, according to 37 analysts.

Technicals

Support and Resistance: The price for DRREDDY at 1259.4 finds support at 1217.35 and resistance at 1310.5. This suggests a trading range, where 1217.35 serves as a support level and 1310.5 acts as a resistance point, potentially capping further gains.
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Support/Resistance for DRREDDY


Aroon: The AROON is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear.
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Aroon chart for Dr. Reddy's Laboratories Limited


Bol. Bands: The BOLL BANDS is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging.
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Bolinger Bands chart for Dr. Reddy's Laboratories Limited


Parabolic SAR: The PSAR maintains a bearish outlook, setting a key resistance level that could limit further gains. This resistance reinforces the bearish sentiment, indicating that the market may face challenges in pushing higher.
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Parabolic Stop and Reverse chart for Dr. Reddy's Laboratories Limited


Stochastic: With the K-line above the D-line and under 20 on the stochastic indicator, a bullish move is likely for DRREDDY. This configuration suggests that the market could be transitioning from a lower level, potentially leading to an upward trend. Investors might consider this an early signal for potential growth.
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Stochastic chart for Dr. Reddy's Laboratories Limited


Tripple Moving Agerage: The Tripple MOVING AVG is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging.
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Tripple SMA chart for Dr. Reddy's Laboratories Limited


Before diving into the technical aspects of a company, such as stock price charts or volume trends, it's important to understand its fundamentals. These fundamentals include financial stability, growth potential, and strategic positioning. Additionally, knowing the broader industry landscape, including competitive pressures and regulatory factors, offers deeper insights. When this fundamental analysis is combined with technical indicators, it leads to more informed, accurate evaluations of the company's overall performance.