Stock Analysis Summary: DRREDDY


DRREDDY Technical and Fundamental Analysis


Date Open High Low LTP Close Volume Delivery Vol
2017-02-17 2926.00 2953.75 2900.00 2905.75 2912.70 897,496 67%
2017-02-16 2914.10 2942.50 2798.95 2925.00 2923.20 1,367,869 37%
2017-02-15 2940.00 2943.95 2906.20 2909.45 2911.35 191,099 57%
2017-02-14 2971.80 2971.80 2935.00 2937.00 2941.45 280,718 81%
2017-02-13 2980.95 2988.25 2955.45 2963.00 2966.95 150,555 54%
2017-02-10 3024.90 3034.35 2970.00 2975.95 2976.05 315,001 61%
2017-02-09 3022.00 3029.40 3003.00 3021.00 3023.10 188,798 60%
*Markets are currently closed.

DRREDDY Trend Analysis:

DRREDDY breached the highs of past 2 days - 2972 to act as intraday resistance.

DRREDDY is trading near the lows of last 1 year.

In the medium term the prices have been in Downtrend.

Longer to medium Term Trend is Down.

Above average volume about 2.5 times daily average volume of past 1 month



DRREDDY Japanese Candlestick Analysis:


DRREDDY is trading near the Bottom of the day's range.

Higher High and Higher Low compared to previous day. But the closing was disapointing.

Day's Range: 2900.00 ~ 2953.75

DRREDDY opened at 2926.00 compared to previous close of 2923.20



1 candlestick pattern: none

2 candlestick pattern: The candlestick pattern formed is Bearish Engulfing

3 candlestick pattern: none


Pivot, Support and Resistance:

Classic Pivot

S4 2760.9
S3 2814.65
S2 2868.4
S1 2890.55
LTP = 2905.75
Pivot 2922.15
R1 2944.3
R2 2975.9
R3 3029.65
R4 3083.4

Woodie's Pivot

S4 2791.63
S3 2845.38
S2 2872.69
S1 2899.13
LTP = 2905.75
Pivot 2926.44
R1 2952.88
R2 2980.19
R3 3006.63
R4 3060.38

Fibonacci Pivots

S3 2868.4
S2 2888.92
S1 2901.62
LTP = 2905.75
Pivot 2922.15
R1 2942.68
R2 2955.38
R3 2975.9

Camarilla Pivots

S4 2883.14
S3 2897.92
S2 2902.85
LTP = 2905.75
S1 2907.77
R1 2917.63
R2 2922.55
R3 2927.48
R4 2942.26

*pivot points are calculated based on the closing data of 2017-02-17



DRREDDY Volume and Moving Average Analysis:


Day's Range (.)
2900.00
2953.75
20 Day Range (.)
2798.95
3177.00
50 Day Range (.)
2798.95
3217.00
52-Week Range (.)
2798.95
3689.85

20-Day SMA: 2,997.3

20-Day average volume: 352,401

DRREDDY has average daily volume of 352,401 compared to today's volume of 897,000. It is currently trading Below 20 day simple moving average.


50-Day SMA: 3,034.3

50-Day average volume: 261,810

Short Term Trend is Down!!!


It is currently trading about 21% below it's 52-week high.








Disclaimer: This tool is designed for educational purpose only. Please consult your financial advisor before making any investing or trading decision. The site does not take any resposibility for any profit or loss.

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    • Colors are based on few fundamentals of trading. A higher low suggests bullishness (in this case low is green when current low is higher than last 2 days’ lows). Similarly a lower low is bearish signal.
      and so on…

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