fbpx
Cinque Terre
Cinque Terre

Stock Analysis Summary: DRREDDY

DRREDDY Technical and Fundamental Analysis

Date Open High Low LTP Close Volume Delivery Vol
2019-05-24 2650.00 2673.95 2626.20 2662.00 2663.90 471,150 27%
2019-05-23 2680.00 2699.90 2626.40 2630.00 2637.30 546,632 29%
2019-05-22 2664.90 2679.90 2621.85 2670.00 2657.75 765,196 23%
2019-05-21 2594.00 2699.95 2594.00 2665.00 2667.00 2,008,336 41%
2019-05-20 2778.00 2779.00 2542.55 2594.00 2589.40 2,659,265 33%
2019-05-17 2791.00 2810.00 2667.45 2724.75 2745.00 1,160,721 9%
2019-05-16 2813.15 2826.35 2760.20 2810.00 2801.00 385,300 25%
*Markets are currently closed.

DRREDDY Trend Analysis:

No visible trend on daily charts

In the medium term the prices have been comparatively more volatile..



DRREDDY Japanese Candlestick Analysis:


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

Lower High and Lower Low compared to previous day. But the closing has been positive.

Day's Range: 2626.20 ~ 2673.95

DRREDDY opened at 2650.00 compared to previous close of 2637.30

2019-05-24 was NR7 day. NR7 day after a trending move usually implies loss of momentum in trend. Range expansion is likely after NR7 day.

1 candlestick pattern: none

2 candlestick pattern: The candlestick pattern formed is Bullish Harami indicates loss of momentum

3 candlestick pattern: none


DRREDDY Gap Support and Resistance

DRREDDY day chart has unfilled gap down on 2019-05-13: 2859.95~2866.35 to act as resistance.


Pivot, Support and Resistance:

Classic Pivot

S4 2511.43
S3 2559.18
S2 2606.93
S1 2635.42
Pivot 2654.68
LTP = 2662
R1 2683.17
R2 2702.43
R3 2750.18
R4 2797.93

Woodie's Pivot

S4 2530.63
S3 2578.38
S2 2602.29
S1 2626.13
Pivot 2650.04
LTP = 2662
R1 2673.88
R2 2697.79
R3 2721.63
R4 2769.38

Fibonacci Pivots

S3 2606.93
S2 2625.16
S1 2636.44
Pivot 2654.68
LTP = 2662
R1 2672.92
R2 2684.2
R3 2702.43

Camarilla Pivots

S4 2637.64
S3 2650.77
S2 2655.15
S1 2659.52
LTP = 2662
R1 2668.28
R2 2672.65
R3 2677.03
R4 2690.16

*pivot points are calculated based on the closing data of 2019-05-24



DRREDDY Volume and Moving Average Analysis:

Day's Range (.)
2626.20
2673.95
20 Day Range (.)
2542.55
2964.00
50 Day Range (.)
2542.55
2964.00
52-Week Range (.)
1872.95
2964.00

20-Day SMA: 2,815.2

20-Day average volume: 778,833

DRREDDY has average daily volume of 778,833 compared to today's volume of 471,000. It is currently trading Below 20 day simple moving average.


50-Day SMA: 2,778.9

50-Day average volume: 709,401


It is currently trading about 10% 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.

What is Technical Stocks Analysis?

Technical Analysis is the study of …

NiftyTrader Technical Stocks Analysis is based on the following:

  1. Stock Momentum Study
  2. Stock Moving Averages
  3. Breakout and Breakdown based on Average Daily Volume
  4. Japanese Candlestick Pattern Recognition of high-potential candlestick patterns
  5. Pivot Analysis
  6. Intraday Sentiment among Traders and Investors
  7. 52-week high low summary

NiftyTrader Fundamental Stocks Analysis provide the following study of a particular stock:

  1. Balance Sheet – Comparison with previous years
  2. Quarterly and Annual Results Trend
  3. Cash Flow Analysis Trend
  4. Peer Comparison

32 COMMENTS

    • 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.

  2. ibulh will go down tomorrow 3%
    nifty also will down 65points so
    be careful for tomorrow guys
    abhimanyu bhandari
    my view so do not worry

  3. VERY INFORMATIVE, educative and correct guide to prices…compare this with candlestick chart..one would get a perfect idea…thank you very much sir

  4. Hello,
    I was using niftytrader site for more than 1 year. It has very useful data.
    Since two days it seems there is some problem with data showing in “Technical and Fundamental Analysis” Table. The table is showing last two days data properly. And for other days I see year 2016 data. Can you please check and let me know.

    -Rama Krishna

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Download Nifty Trader App
Download NiftyTrader App Or Download NiftyTrader App