Stock Analysis Summary: DRREDDY


DRREDDY Technical and Fundamental Analysis


Date Open High Low LTP Close Volume Delivery Vol
2017-10-23 2390.10 2415.00 2352.00 2366.20 2366.20 363,956 27%
2017-10-19 2385.00 2387.00 2362.05 2376.90 2373.05 47,303 28%
2017-10-18 2386.70 2404.00 2376.00 2389.00 2385.40 333,114 38%
2017-10-17 2397.00 2397.00 2375.50 2380.10 2381.35 307,110 35%
2017-10-16 2356.00 2411.00 2356.00 2397.75 2403.50 386,658 34%
2017-10-13 2373.00 2379.60 2350.00 2354.50 2354.45 341,789 26%
2017-10-12 2397.00 2397.00 2358.50 2380.00 2379.85 416,094 30%
*Markets are currently closed.

DRREDDY Trend Analysis:

Range expansion happened with Bearish close.

No visible trend on daily charts



DRREDDY Japanese Candlestick Analysis:


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

Range expansion with higher high and lower low.

Day's Range: 2352.00 ~ 2415.00

DRREDDY opened at 2390.10 compared to previous close of 2373.05



1 candlestick pattern: none

2 candlestick pattern: none

3 candlestick pattern: none


DRREDDY Gap Support and Resistance

DRREDDY day chart has unfilled gap up dated: 2017-09-01 2115.00~2051.70 to act as support.

DRREDDY day chart has unfilled gap down on 2017-07-28: 2506.55~2587.00 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 2188.73
S3 2251.73
S2 2314.73
S1 2340.47
LTP = 2366.2
Pivot 2377.73
R1 2403.47
R2 2440.73
R3 2503.73
R4 2566.73

Woodie's Pivot

S4 2232.6
S3 2295.6
S2 2323.8
S1 2358.6
LTP = 2366.2
Pivot 2386.8
R1 2421.6
R2 2449.8
R3 2484.6
R4 2547.6

Fibonacci Pivots

S3 2314.73
S2 2338.79
S1 2353.67
LTP = 2366.2
Pivot 2377.73
R1 2401.8
R2 2416.68
R3 2440.73

Camarilla Pivots

S4 2331.55
S3 2348.88
S2 2354.65
S1 2360.43
LTP = 2366.2
R1 2371.98
R2 2377.75
R3 2383.53
R4 2400.85

*pivot points are calculated based on the closing data of 2017-10-23



DRREDDY Volume and Moving Average Analysis:

Day's Range (.)
2352.00
2415.00
20 Day Range (.)
2272.20
2526.75
50 Day Range (.)
1901.15
2526.75
52-Week Range (.)
1901.15
3399.90

20-Day SMA: 2,379.0

20-Day average volume: 813,370

DRREDDY has average daily volume of 813,370 compared to today's volume of 364,000. It is currently trading Below 20 day simple moving average.

Intraday Bearish!!!



50-Day SMA: 2,225.3

50-Day average volume: 930,134

Short Term Trend is Up!!!


It is currently trading about 30% below it's 52-week high.








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{ 25 Responses }

    • 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…

  1. D/sir,
    The traders toolkit details have overlapped the Stock analysis details. It will be appreciated if it is possible to read stock analysis details clearly .
    Expecting appropriate readjustment of the matter wil be effected.
    y/sincerely,
    A.M.Joshi.

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