Stock Analysis Summary: DRREDDY


DRREDDY Technical and Fundamental Analysis


Date Open High Low LTP Close Volume Delivery Vol
2017-05-26 2500.00 2509.95 2403.80 2419.95 2414.40 721,031 46%
2017-05-25 2507.40 2508.35 2398.00 2423.00 2427.70 808,310 53%
2017-05-24 2573.00 2573.00 2510.00 2513.00 2516.80 366,315 53%
2017-05-23 2618.80 2618.80 2542.80 2585.00 2579.45 284,428 49%
2017-05-22 2680.00 2681.95 2602.10 2610.00 2608.70 154,462 45%
2017-05-19 2694.95 2694.95 2637.00 2654.80 2656.45 260,677 58%
2017-05-18 2695.00 2719.85 2672.20 2681.10 2678.95 282,411 63%
*Markets are currently closed.

DRREDDY Trend Analysis:

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.



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: 2403.80 ~ 2509.95

DRREDDY opened at 2500.00 compared to previous close of 2427.70



1 candlestick pattern: Similar to Black Marubozu. This is usually a bearish candle.

2 candlestick pattern: none

3 candlestick pattern: none


DRREDDY Gap Support and Resistance

DRREDDY day chart has unfilled gap down on 2017-05-25: 2508.35~2510.00 to act as resistance.

DRREDDY day chart has unfilled gap down on 2017-03-09: 2783.00~2823.00 to act as resistance.


Pivot, Support and Resistance:

Classic Pivot

S4 2124.27
S3 2230.42
S2 2336.57
S1 2375.48
LTP = 2419.95
Pivot 2442.72
R1 2481.63
R2 2548.87
R3 2655.02
R4 2761.17

Woodie's Pivot

S4 2234.63
S3 2340.78
S2 2372.29
LTP = 2419.95
S1 2446.93
Pivot 2478.44
R1 2553.08
R2 2584.59
R3 2659.23
R4 2765.38

Fibonacci Pivots

S3 2336.57
S2 2377.09
S1 2402.17
LTP = 2419.95
Pivot 2442.72
R1 2483.27
R2 2508.34
R3 2548.87

Camarilla Pivots

S4 2356.02
S3 2385.21
S2 2394.94
S1 2404.67
LTP = 2419.95
R1 2424.13
R2 2433.86
R3 2443.59
R4 2472.78

*pivot points are calculated based on the closing data of 2017-05-26



DRREDDY Volume and Moving Average Analysis:


Day's Range (.)
2403.80
2509.95
20 Day Range (.)
2398.00
2760.00
50 Day Range (.)
2398.00
2770.00
52-Week Range (.)
2398.00
3689.85

20-Day SMA: 2,598.2

20-Day average volume: 372,249

DRREDDY has average daily volume of 372,249 compared to today's volume of 721,000. It is currently trading Below 20 day simple moving average.


50-Day SMA: 2,631.8

50-Day average volume: 380,050

Short Term Trend is Down!!!


It is currently trading about 35% 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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