Tag Archives: Dr. Reddy Stock Movement

Dr. Reddy Outlook for the Week (Oct 21, 2019 – Oct 25, 2019)

EquityPandit’s Outlook for Dr. Reddy for the week (Oct 21, 2019 – Oct 25, 2019)

DR. REDDY:

BSE: 500180| NSE: DRREDDY| ISIN: INE040A01026| SECTOR: PHARMA

Stock closed the week on positive note gaining +277%

Week High: 2744.95

Week Low: 2621.00

Week Range: 123.95 Points

2 DRREDDY

 

DRRDDY Ltd.

 

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 2575 levels, Minor resistance on the upside is capped around 2785levels.

If stock breaches minor support on the downside and closes below it we may see fresh break down and stock can drag towards Major Support on lower side @ 2497 and If stock breaches minor resistance on the upside and closes above it we may see fresh breakout and stock can head towards Major Resistances Level @ 2835.

Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit predicts Range for the week as 2840 on upside and 2495 on downside.

 

RESISTANCE 2 2820.90
RESISTANCE 1 2772.90
SUPPORT 1 2648.95
SUPPORT 2 2572.95

Dr. Reddy Outlook for the Week (Oct 14, 2019 – Oct 18, 2019)

EquityPandit’s Outlook for Dr. Reddy for the week (Oct 14, 2019 – Oct 18, 2019)

DR. REDDY:

 

BSE: 500180| NSE: DRREDDY| ISIN: INE040A01026| SECTOR: PHARMA

Stock closed the week on positive note gaining +1.29%

Week High: 2845.00

Week Low: 2701.00

Week Range: 99.75 Points

 

2 DRREDDY

 

DRRDDY Ltd.
Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 2575 levels, Minor resistance on the upside is capped around 2696 levels.

If stock breaches minor support on the downside and closes below it we may see fresh break down and stock can drag towards Major Support on lower side @ 2497 and If stock breaches minor resistance on the upside and closes above it we may see fresh breakout and stock can head towards Major Resistances Level @ 2741.

Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit predicts Range for the week as 2745 on upside and 2495 on downside.

 

RESISTANCE 2 2734.30
RESISTANCE 1 2692.85
SUPPORT 1 2593.10
SUPPORT 2 2534.80

 

Dr. Reddy Outlook for the Week (Oct 7, 2019 – Oct 11, 2019)

EquityPandit’s Outlook for Dr. Reddy for the week (Oct 7, 2019 – Oct 11, 2019)

DR. REDDY:

DRRDDY Ltd.

BSE: 500180| NSE: DRREDDY| ISIN: INE040A01026| SECTOR: PHARMA

Stock closed the week on negative note losing –4.14%

Week High: 2742.55

Week Low: 2611.35

Week Range: 131.20 Points

2 DRREDDY

RESISTANCE 2 2788.40
RESISTANCE 1 2703.05
SUPPORT 1 2571.85
SUPPORT 2 2526.00

 

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 2584 levels, Minor resistance on the upside is capped around 2696 levels.

If stock breaches minor support on the downside and closes below it we may see fresh break down and stock can drag towards Major Support on lower side @ 2497 and If stock breaches minor resistance on the upside and closes above it we may see fresh breakout and stock can head towards Major Resistances Level @ 2750.

Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit predicts Range for the week as 2750 on upside and 2495 on downside.

Dr. Reddy Outlook for the Week (Sept 30, 2019 – Oct 5, 2019)

EquityPandit’s Outlook for Dr. Reddy for the week (Sept 30, 2019 – Oct 5, 2019)

DR. REDDY:

DRRDDY Ltd.

BSE: 500180| NSE: DRREDDY| ISIN: INE040A01026| SECTOR: PHARMA

Stock closed the week on negative note losing –3.77%

Week High: 2845.00

Week Low: 2701.00

Week Range: 144 Points

2 DRREDDY

RESISTANCE 2 2902.95
RESISTANCE 1 2816.85
SUPPORT 1 2672.85
SUPPORT 2 2614.90

 

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 2699 levels, Minor resistance on the upside is capped around 2844 levels.

If stock breaches minor support on the downside and closes below it we may see fresh break down and stock can drag towards Major Support on lower side @ 2654 and If stock breaches minor resistance on the upside and closes above it we may see fresh breakout and stock can head towards Major Resistances Level @ 2951.

Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit predicts Range for the week as 2955 on upside and 2650 on downside.

Dr. Reddy Outlook for the Week (Sept 23, 2019 – Sept 27, 2019)

EquityPandit’s Outlook for Dr. Reddy for the week (Sept 23, 2019 – Sept 27, 2019)

DR. REDDY:

DRRDDY Ltd.

BSE: 500180| NSE: DRREDDY| ISIN: INE040A01026| SECTOR: PHARMA

Stock closed the week on positive note gaining +3.89%

Week High: 2862.00

Week Low: 2703.10

Week Range: 158.90 Points

2 DRREDDY

 

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 2875 levels, Minor resistance on the upside is capped around 2759 levels.

If stock breaches minor support on the downside and closes below it we may see fresh break down and stock can drag towards Major Support on lower side @ 2931 and If stock breaches minor resistance on the upside and closes above it we may see fresh breakout and stock can head towards Major Resistances Level @ 2703.

Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit predicts Range for the week as 2935 on upside and 2700 on downside.

RESISTANCE 2 2959.90
RESISTANCE 1 2898.85
SUPPORT 1 2739.90
SUPPORT 2 2642.05

Dr. Reddy Outlook for the Week (Sept 17, 2019 – Sept 21, 2019)

EquityPandit’s Outlook for Dr. Reddy for the week (Sept 17, 2019 – Sept 21, 2019)

DR. REDDY:

DRRDDY Ltd.

BSE: 500180| NSE: DRREDDY| ISIN: INE040A01026| SECTOR: PHARMA

Stock closed the week on negative note losing –0.31%

Week High: 2794.95

Week Low: 2692.75

Week Range: 102.20 Points

2 DRREDDY

 

RESISTANCE 2 2841.95
RESISTANCE 1 2786.75
SUPPORT 1 2684.55
SUPPORT 2 2637.55

 

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 2690 levels, Minor resistance on the upside is capped around 2819 levels.

If stock breaches minor support on the downside and closes below it we may see fresh break down and stock can drag towards Major Support on lower side @ 2636 and If stock breaches minor resistance on the upside and closes above it we may see fresh breakout and stock can head towards Major Resistances Level @ 2859.

Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit predicts Range for the week as 2860 on upside and 2635 on downside.

Dr. Reddy Outlook for the Week (Sept 2, 2019 – Sept 6, 2019)

EquityPandit’s Outlook for Dr. Reddy for the week (Sept 2, 2019 – Sept 6, 2019)

DR. REDDY:

DRRDDY Ltd.

BSE: 500180| NSE: DRREDDY| ISIN: INE040A01026| SECTOR: PHARMA

Stock closed the week on positive note gaining +0.64%

Week High: 2585.00

Week Low: 2493.95

Week Range: 91.05 Points

2 DRREDDY

 

RESISTANCE 2 2636.55
RESISTANCE 1 2597.05
SUPPORT 1 2506.00
SUPPORT 2 2454.40

 
Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 2504 levels, Minor resistance on the upside is capped around 2587 levels.

If stock breaches minor support on the downside and closes below it we may see fresh break down and stock can drag towards Major Support on lower side @ 2402 and If stock breaches minor resistance on the upside and closes above it we may see fresh breakout and stock can head towards Major Resistances Level @ 2624.

Stock is trading below 200 days exponential moving average, suggests long term trend is bearish. EquityPandit predicts Range for the week as 2625 on upside and 2400 on downside.

Dr. Reddy Outlook for the Week (Aug 26, 2019 – Aug 30, 2019)

EquityPandit’s Outlook for Dr. Reddy for the week (Aug 26, 2019 – Aug 30, 2019)

DR. REDDY:

 

2 DRREDDY

 

DRRDDY Ltd.

BSE: 500180| NSE: DRREDDY| ISIN: INE040A01026| SECTOR: PHARMA

Stock closed the week on positive note gaining +8.08%

Week High: 2568.95

Week Low: 2491.00

Week Range: 77.95 Points

?

RESISTANCE 2 2611.70
RESISTANCE 1 2576.50
SUPPORT 1 2498.50
SUPPORT 2 2455.75

 
Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 2493 levels, Minor resistance on the upside is capped around 2583 levels.

If stock breaches minor support on the downside and closes below it we may see fresh break down and stock can drag towards Major Support on lower side @ 2604 and If stock breaches minor resistance on the upside and closes above it we may see fresh breakout and stock can head towards Major Resistances Level @ 2604.

Stock is trading below 200 days exponential moving average, suggests long term trend is bearish. EquityPandit predicts Range for the week as 2605on upside and 2460 on downside.

Dr. Reddy Outlook for the Week (Aug 19, 2019 – Aug 23, 2019)

EquityPandit’s Outlook for Dr. Reddy for the week (Aug 19, 2019 – Aug 23, 2019)

DR. REDDY:

 

2 DRREDDY

 

DRRDDY Ltd.

BSE: 500180| NSE: DRREDDY| ISIN: INE040A01026| SECTOR: PHARMA

Stock closed the week on negative note losing –0.77%

Week High: 2529.00

Week Low: 2465.00

Week Range: 64 Points

 

RESISTANCE 2 2559.55
RESISTANCE 1 2526.05
SUPPORT 1 2462.00
SUPPORT 2 2431.50

 

 

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 2437 levels, Minor resistance on the upside is capped around 2591 levels.

If stock breaches minor support on the downside and closes below it we may see fresh break down and stock can drag towards Major Support on lower side @ 2397 and If stock breaches minor resistance on the upside and closes above it we may see fresh breakout and stock can head towards Major Resistances Level @ 2645.

Stock is trading below 200 days exponential moving average, suggests long term trend is bearish. EquityPandit predicts Range for the week as 2647 on upside and 2395 on downside.

Dr. Reddy Outlook for the Week (Aug 12, 2019 – Aug 16, 2019)

EquityPandit’s Outlook for Dr. Reddy for the week (Aug 12, 2019 – Aug 16, 2019)

DR. REDDY:

 

2 DrReddy

 

DRRDDY Ltd.

BSE: 500180| NSE: DRREDDY| ISIN: INE040A01026| SECTOR: PHARMA

Stock closed the week on positive note gaining +1.75%

Week High: 2589.70

Week Low: 2500.70

Week Range: 89 Points

 

RESISTANCE 2 2643.45
RESISTANCE 1 2608.55
SUPPORT 1 2519.55
SUPPORT 2 2465.65

 
Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 2533 levels, Minor resistance on the upside is capped around 2605 levels.

If stock breaches minor support on the downside and closes below it we may see fresh break down and stock can drag towards Major Support on lower side @ 2502 and If stock breaches minor resistance on the upside and closes above it we may see fresh breakout and stock can head towards Major Resistances Level @ 2632.

Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit predicts Range for the week as 2635 on upside and 2500 on downside.

Dr. Reddy Outlook for the Week (Aug 05, 2019 – Aug 09, 2019)

EquityPandit’s Outlook for Dr. Reddy for the week (Aug 05, 2019 – Aug 09, 2019)

DR. REDDY:

 

2 DRREDDY

 

DRRDDY Ltd.

BSE: 500180| NSE: DRREDDY| ISIN: INE040A01026| SECTOR: PHARMA

Stock closed the week on negative note losing –6.50%

Week High: 2726.80

Week Low: 2496.25

Week Range: 230.55 Points

 

RESISTANCE 2 2814.65
RESISTANCE 1 2671.95
SUPPORT 1 2441.35
SUPPORT 2 2353.55

 

 

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 2488 levels, Minor resistance on the upside is capped around 2571 levels.

If stock breaches minor support on the downside and closes below it we may see fresh break down and stock can drag towards Major Support on lower side @ 2444 and If stock breaches minor resistance on the upside and closes above it we may see fresh breakout and stock can head towards Major Resistances Level @ 2601.

Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit predicts Range for the week as 2603 on upside and 2440 on downside.

Dr. Reddy Outlook for the Week (July 22, 2019 – July 26, 2019)

EquityPandit’s Outlook for Dr. Reddy for the week (July 22, 2019 – July 26, 2019)

DR. REDDY:

 

DRREDDY

 

DRRDDY Ltd.

BSE: 500180| NSE: DRREDDY| ISIN: INE040A01026| SECTOR: PHARMA

Stock closed the week on negative note losing –0.59%

Week High: 2697.90

Week Low: 2603.20

Week Range: 84.70 Points

RESISTANCE 2 2719.45
RESISTANCE 1 2666.30
SUPPORT 1 2581.60
SUPPORT 2 2550.05

 

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 2588 levels, Minor resistance on the upside is capped around 2662 levels.

If stock breaches minor support on the downside and closes below it we may see fresh break down and stock can drag towards Major Support on lower side @ 2530 and If stock breaches minor resistance on the upside and closes above it we may see fresh breakout and stock can head towards Major Resistances Level @ 2710.

Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit predicts Range for the week as 2673 on upside and 2527 on downside.

Dr. Reddy Outlook for the Week (July 15, 2019 – July 19, 2019)

EquityPandit’s Outlook for Dr. Reddy for the week (July 15, 2019 – July 19, 2019)

DR. REDDY:

 

DRREDDY

 

DRRDDY Ltd.

BSE: 500180| NSE: DRREDDY| ISIN: INE040A01026| SECTOR: PHARMA

Stock closed the week on positive note gaining +1.06%

Week High: 2662.00

Week Low: 2,559.00

Week Range: 103 Points

 

RESISTANCE 2 2719.60
RESISTANCE 1 2674.10
SUPPORT 1 2571.05
SUPPORT 2 2513.60

 
Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 2588 levels, Minor resistance on the upside is capped around 2661 levels.

If stock breaches minor support on the downside and closes below it we may see fresh break down and stock can drag towards Major Support on lower side @ 2532 and If stock breaches minor resistance on the upside and closes above it we may see fresh breakout and stock can head towards Major Resistances Level @ 2711.

Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit predicts Range for the week as 2675 on upside and 2529 on downside.

Dr. Reddy Outlook for the Week (July 1, 2019 – July 5, 2019)

EquityPandit’s Outlook for Dr. Reddy for the week (July 1, 2019 – July 5, 2019)

DR. REDDY:

 

DRREDDY

 

DRRDDY Ltd.

BSE: 500180| NSE: DRREDDY| ISIN: INE040A01026| SECTOR: PHARMA

Stock closed the week on negative note losing -1.10%

Week High: 2615.00

Week Low: 2,488.05

Week Range: 126.95 Points

RESISTANCE 2 2678.12
RESISTANCE 1 2614.28
SUPPORT 1 2487.33
SUPPORT 2 2424.22

 

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 2508 levels, Minor resistance on the upside is capped around 2624 levels.

If stock breaches minor support on the downside and closes below it we may see fresh break down and stock can drag towards Major Support on lower side @ 2420 and If stock breaches minor resistance on the upside and closes above it we may see fresh breakout and stock can head towards Major Resistances Level @ 2675

Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit predicts Range for the week as 2675 on upside and 2420 on downside.

Dr. Reddy Outlook for the Week (June 24, 2019 – June 28, 2019)

EquityPandit’s Outlook for Dr. Reddy for the week (June 24, 2019 – June 28, 2019)

DR. REDDY:

 

DRREDDY

 

DRRDDY Ltd.

BSE: 500180| NSE: DRREDDY| ISIN: INE040A01026| SECTOR: PHARMA

Stock closed the week on negative note losing –0.62%

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 2508 levels, Minor resistance on the upside is capped around 2624 levels.

If stock breaches minor support on the downside and closes below it we may see fresh break down and stock can drag towards Major Support on lower side @ 2420 and If stock breaches minor resistance on the upside and closes above it we may see fresh breakout and stock can head towards Major Resistances Level @ 2675

Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit predicts Range for the week as 2675 on upside and 2420 on downside.

Dr. Reddy Outlook for the Week (June 17, 2019 – June 21, 2019)

EquityPandit’s Outlook for Dr. Reddy for the week (June 17, 2019 – June 21, 2019)

DR. REDDY:

 

drreddy

 

DRRDDY Ltd.

BSE: 500180| NSE: DRREDDY| ISIN: INE040A01026| SECTOR: PHARMA

Stock closed the week on negative note losing –0.73%

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 2508 levels, Minor resistance on the upside is capped around 2624 levels.

If stock breaches minor support on the downside and closes below it we may see fresh break down and stock can drag towards Major Support on lower side @ 2420 and If stock breaches minor resistance on the upside and closes above it we may see fresh breakout and stock can head towards Major Resistances Level @ 2675

Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit predicts Range for the week as 2675 on upside and 2420 on downside.

Dr. Reddy Outlook for the Week (June 10, 2019 – June 14, 2019)

EquityPandit’s Outlook for Dr. Reddy for the week (June 10, 2019 – June 14, 2019)

DR. REDDY:

 

DRREDDY

 

DRRDDY Ltd.

BSE: 500180| NSE: DRREDDY| ISIN: INE040A01026| SECTOR: PHARMA

Stock closed the week on positive note gaining +0.51%

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 2530 levels, Minor resistance on the upside is capped around 2700 levels.

If stock breaches minor support on the downside and closes below it we may see fresh break down and stock can drag towards Major Support on lower side @ 2405 and If stock breaches minor resistance on the upside and closes above it we may see fresh breakout and stock can head towards Major Resistances Level @ 2800

Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit predicts Range for the week as 2800 on upside and 2405 on downside.

Dr. Reddy Outlook for the Week (June 01, 2019 – June 07, 2019)

EquityPandit’s Outlook for Dr. Reddy for the week (June 01, 2019 – June 07, 2019)

DR. REDDY:

 

DRREDDY

 

DRRDDY Ltd.

BSE: 500180| NSE: DRREDDY| ISIN: INE040A01026| SECTOR: PHARMA

Stock closed the week on positive note gaining +0.51%
Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 2600 levels, Minor resistance on the upside is capped around 2710 levels.

If stock breaches minor support on the downside and closes below it we may see fresh break down and stock can drag towards Major Support on lower side @ 2530 and If stock breaches minor resistance on the upside and closes above it we may see fresh breakout and stock can head towards Major Resistances Level @ 2760

Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit predicts Range for the week as 2760 on upside and 2530 on downside.

Dr. Reddy Outlook for the Week (May 27, 2019 – May 31,2019)

EquityPandit’s Outlook for Dr. Reddy for the week (May 27, 2019 – May 31,2019)

DR. REDDY:

 

DRREDDY

 

DRRDDY Ltd.

BSE: 500180| NSE: DRREDDY| ISIN: INE040A01026| SECTOR: PHARMA

Stock closed the week on negative note losing -3.05%

Week High: 2,748.10

Week Low: 2,588.05

Week Range: 160.05 Points

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 2540– 2550 levels, Minor resistance on the upside is capped around 2700- 2705 levels.

If stock breaches minor support on the downside and closes below it we may see fresh break down and stock can drag towards Major Support on lower side @ 2330– 2320 and If stock breaches minor resistance on the upside and closes above it we may see fresh breakout and stock can head towards Major Resistances Level @ 2830– 2835

Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit predicts Range for the week as 2830– 2835 on upside and 2330– 2320 on downside.

Dr. Reddy Outlook for the Week (May 06,2019 – May 10,2019)

EquityPandit’s Outlook for Dr. Reddy for the week (May 06,2019 – May 10,2019)

DR. REDDY:

 

DRREDDY

 

DRRDDY Ltd.

BSE: 500180| NSE: DRREDDY| ISIN: INE040A01026| SECTOR: PHARMA

Stock closed the week on positive note gaining+1.70%

Week High: 2,932.80

Week Low: 2,855.35

Week Range: 77.45 Points

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 2880– 2870 levels, Minor resistance on the upside is capped around 2870– 2860 levels.

If stock breaches minor support on the downside and closes below it we may see fresh break down and stock can drag towards Major Support on lower side @ 2720– 2700 and If stock breaches minor resistance on the upside and closes above it we may see fresh breakout and stock can head towards Major Resistances Level @ 3170- 3180

Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit predicts Range for the week as 3170– 3180 on upside and 2720– 2700 on downside.

Dr. Reddy Outlook for the Week (April 29,2019 – May 03,2019)

EquityPandit’s Outlook for Dr. Reddy for the week (April 29,2019 – May 03,2019)

DR. REDDY:

 

DRREDDY

 

DRRDDY Ltd.

BSE: 500180| NSE: DRREDDY| ISIN: INE040A01026| SECTOR: PHARMA

Stock closed the week on positive note gaining +3.50%

Week High: 2,924.15

Week Low: 2,797.20

Week Range: 126.95 Points

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 2880– 2870 levels, Minor resistance on the upside is capped around 3040– 3050 levels.

If stock breaches minor support on the downside and closes below it we may see fresh break down and stock can drag towards Major Support on lower side @ 2810– 2800 and If stock breaches minor resistance on the upside and closes above it we may see fresh breakout and stock can head towards Major Resistances Level @ 3100-3120

Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit predicts Range for the week as 3100– 3120 on upside and 2810– 2800 on downside.

Dr. Reddy Outlook for the Week (April 22,2019 – April 26,2019)

EquityPandit’s Outlook for Dr. Reddy for the week (April 22,2019 – April 26,2019):

DR. REDDY:

 

DRRRDDY

 

DRRDDY Ltd.

BSE: 500180| NSE: DRREDDY| ISIN: INE040A01026| SECTOR: PHARMA

Stock closed the week on positive note gaining+1.35%

Week High: 2,825.80

Week Low: 2,763.65

Week Range: 62.15 Points

Technically on the daily charts EquitPandit’s analyst see minor support on the downside for DRREDDY at 2730- 2740 levels, whereas minor resistance on the upside is capped around 2860- 2865 levels.

If stock breaches minor support on the downside and closes below it we may see fresh breakdown and stock may drag towards next major support levels lower side around 2680- 2670, if stock breaches minor resistance levels on the upside and closes above it we may see fresh breakout and stock can head towards major resistance levels placed around 2950- 2960

Currently trend for the stock is bullish asstock trading above 200 days exponential moving averages.

EquityPandit’s predicts DRREDDY range for the week is seen from 2950- 2960 on upside & 2680- 2670 on downside.

Dr. Reddy Outlook for the Week (April 15, 2019 – April 19, 2019)

EquityPandit’s Outlook for Dr. Reddy for the week(April 15, 2019 – April 19, 2019):

DR. REDDY:

 

LUPIN

 

DRRDDY Ltd.

BSE: 500180| NSE: DRREDDY| ISIN: INE040A01026| SECTOR: PHARMA

Stock closed the week on positive note gaining +1.28%

Week High: 2,810.20

Week Low: 2,753.35

Week Range: 56.85 Points

Technically on the daily charts EquitPandit’s analyst see minor support on the downside for DRREDDY at 2700- 2710 levels, whereas minor resistance on the upside is capped around 2830- 2840 levels.

If stock breaches minor support on the downside and closes below it we may see fresh breakdown and stock may drag towards next major support levels lower side around 2560- 2550, if stock breaches minor resistance levels on the upside and closes above it we may see fresh breakout and stock can head towards major resistance levels placed around 2950- 2960

Currently trend for the stock is bullish asstock trading above 200 days exponential moving averages.

EquityPandit’s predicts DRREDDY range for the week is seen from 2950- 2960 on upside &2560- 2550 on downside.

Dr. Reddy Outlook for the Week (April 08, 2019 – April 12, 2019)

EquityPandit’s Outlook for Dr. Reddy for the week(April 08, 2019 – April 12, 2019):

DR. REDDY:

 

DRREDDY

 

DRRDDY Ltd.

BSE: 500180| NSE: DRREDDY| ISIN: INE040A01026| SECTOR: PHARMA

Stock closed the week on negative note losing -0.66%

Week High: 2796.40

Week Low: 2755.75

Week Range: 40.65

Technically on the daily charts EquitPandit’s analyst see minor support on the downside for DRREDDY at 2700- 2710 levels, whereas minor resistance on the upside is capped around 2830- 2840 levels.

If stock breaches minor support on the downside and closes below it we may see fresh breakdown and stock may drag towards next major support levels lower side around 2560- 2550, if stock breaches minor resistance levels on the upside and closes above it we may see fresh breakout and stock can head towards major resistance levels placed around 2950- 2960

Currently trend for the stock is bullish asstock trading above 200 days exponential moving averages.

EquityPandit’s predicts DRREDDY range for the week is seen from 2950- 2960 on upside & 2560- 2550 on downside.

Dr. Reddy Outlook for the Week (April 01, 2019 – April 05, 2019)

EquityPandit’s Outlook for Dr. Reddy for the week (April 01, 2019 – April 05, 2019):

DR. REDDY:

 

DRREDDY

 

DRRDDY Ltd.

BSE: 500180| NSE: DRREDDY| ISIN: INE040A01026| SECTOR: PHARMA

Stock closed the week on positive note gaining +0.92%

Week High: 2779.25

Week Low: 2716.80

Week Range: 62.45

Technically on the daily charts EquitPandit’s analyst see minor support on the downside for DRREDDY at 2700- 2710 levels, whereas minor resistance on the upside is capped around 2830- 2840 levels.

If stock breaches minor support on the downside and closes below it we may see fresh breakdown and stock may drag towards next major support levels lower side around 2560- 2550, if stock breaches minor resistance levels on the upside and closes above it we may see fresh breakout and stock can head towards major resistance levels placed around 2950- 2960

Currently trend for the stock is bullish as stock trading above 200 days exponential moving averages. EquityPandit’s predicts DRREDDY range for the week is seen from 2950- 2960 on upside & 2560- 2550 on downside.

Dr. Reddy Outlook for the Week (Mar 25, 2019 – Mar 29, 2019)

EquityPandit’s Outlook for Dr. Reddy for the week  (Mar 25, 2019 – Mar 29, 2019) : 

DR. REDDY:

 

DRREDDY

 

DRRDDY Ltd.

BSE: 500180| NSE: DRREDDY| ISIN: INE040A01026| SECTOR: PHARMA

Stock closed the week on positive note gaining +3.63%

Week High: 2748.90

Week Low: 2653.65

Week Range: 95.25

Technically on the daily charts EquitPandit’s analyst see minor support on the downside for DRREDDY at 2600- 2610 levels, whereas minor resistance on the upside is capped around 2810- 2820 levels.

If stock breaches minor support on the downside and closes below it we may see fresh breakdown and stock may drag towards next major support levels lower side around 2420- 2400, if stock breaches minor resistance levels on the upside and closes above it we may see fresh breakout and stock can head towards major resistance levels placed around 2950- 2960

Currently trend for the stock is bullish as stock trading above 200 days exponential moving averages. EquityPandit’s predicts DRREDDY range for the week is seen from 2950- 2960 on upside & 2400-2420 on downside.

Dr. Reddy Outlook for the Week (Mar 18, 2019 – Mar 22, 2019)

EquityPandit’s Outlook for Dr. Reddy for the week  (Mar 18, 2019 – Mar 22, 2019) : 

DR. REDDY:

 

DRREDDY

 

DRRDDY Ltd.

BSE: 500180| NSE: DRREDDY| ISIN: INE040A01026| SECTOR: PHARMA

Stock closed the week on positive note gaining +1.59%

Week High: 2666.65

Week Low: 2615.95

Week Range: 50.70

Technically on the daily charts EquitPandit’s analyst see minor support on the downside for DRREDDY at 2550- 2560 levels, whereas minor resistance on the upside is capped around 2720- 2730 levels.

If stock breaches minor support on the downside and closes below it we may see fresh breakdown and stock may drag towards next major support levels lower side around 2420- 2400, if stock breaches minor resistance levels on the upside and closes above it we may see fresh breakout and stock can head towards major resistance levels placed around 2800- 2810

Currently trend for the stock is bullish as stock trading above 200 days exponential moving averages. EquityPandit’s predicts DRREDDY range for the week is seen from 2800- 2810 on upside & 2400-2420 on downside.

Dr. Reddy Outlook for the Week (Mar 11, 2019 – Mar 15, 2019)

EquityPandit’s Outlook for Dr. Reddy for the week  (Mar 11, 2019 – Mar 15, 2019) : 

DR. REDDY:

 

DRREDDY

 

DRRDDY Ltd.

BSE: 500180| NSE: DRREDDY| ISIN: INE040A01026| SECTOR: PHARMA

Stock closed the week on negative to flat note losing -0.75%

Week High: 2693.35

Week Low: 2615.95

Week Range: 77.40

Technically on the daily charts EquitPandit’s analyst see minor support on the downside for DRREDDY at 2460- 2450 levels, whereas minor resistance on the upside is capped around 2700- 2710 levels.

If stock breaches minor support on the downside and closes below it we may see fresh breakdown and stock may drag towards next major support levels lower side around 2420- 2400, if stock breaches minor resistance levels on the upside and closes above it we may see fresh breakout and stock can head towards major resistance levels placed around 2800- 2810

Currently trend for the stock is bullish as stock trading above 200 days exponential moving averages. EquityPandit’s predicts DRREDDY range for the week is seen from 2800- 2810 on upside & 2400-2420 on downside.

Dr. Reddy Outlook for the Week (Mar 05, 2019 – Mar 08, 2019)

EquityPandit’s Outlook for Dr. Reddy for the week  (Mar 05, 2019 – Mar 08, 2019) : 

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on positive note gaining around 0.30%.

As we have mentioned last week, that resistance for the stock lies in the zone of 2700 to 2750 where the stock has opened gap down. If the stock manages to close above these levels then the stock can move to the levels of 2800 to 2850 where long term Fibonacci levels are lying. During the week the stock manages to hit a high of 2695 and close the week around the levels of 2646.

Minor support for the stock lies in the zone of 2550 to 2600. Support for the stock lies in the zone of 2450 to 2500 where Fibonacci levels and long term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2350 to 2400 where Fibonacci levels are lying.

Resistance for the stock lies in the zone of 2700 to 2750 where the stock has opened gap down. If the stock manages to close above these levels then the stock can move to the levels of 2800 to 2850 where long term Fibonacci levels are lying.

Broad range for the stock is seen from 2400 – 2450 on downside & 2750 – 2800 on upside.

Dr. Reddy Outlook for the Week (Feb 25, 2019 – Mar 01, 2019)

EquityPandit’s Outlook for Dr. Reddy for the week  (Feb 25, 2019 – Mar 01, 2019) : 

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on positive note gaining around 3.00%.

As we have mentioned last week, that support for the stock lies in the zone of 2450 to 2500 where Fibonacci levels and long term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2350 to 2400 where Fibonacci levels are lying. During the week the stock manages to hit a low of 2505 and close the week around the levels of 2639.

Support for the stock lies in the zone of 2450 to 2500 where Fibonacci levels and long term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2350 to 2400 where Fibonacci levels are lying.

Resistance for the stock lies in the zone of 2700 to 2750 where the stock has opened gap down. If the stock manages to close above these levels then the stock can move to the levels of 2800 to 2850 where long term Fibonacci levels are lying.

Broad range for the stock is seen from 2400 – 2450 on downside & 2750 – 2800 on upside.

Dr. Reddy Outlook for the Week (Feb 18, 2019 – Feb 22, 2019)

EquityPandit’s Outlook for Dr. Reddy for the week  (Fev 18, 2019 – Feb 22, 2019) : 

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on negative note losing around 7.50%.

As we have mentioned last week, that support for the stock lies in the zone of 2700 to 2750 from where the stock broke out of December-2018 high. If the stock manages to close below these levels then the stock can drift to the levels of 2600 to 2650 where medium term moving averages are lying. During the week the stock manages to hit a low of 1873 and close the week around the levels of 2563.

Support for the stock lies in the zone of 2450 to 2500 where Fibonacci levels and long term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2350 to 2400 where Fibonacci levels are lying.

Resistance for the stock lies in the zone of 2700 to 2750 where the stock has opened gap down. If the stock manages to close above these levels then the stock can move to the levels of 2800 to 2850 where long term Fibonacci levels are lying.

Broad range for the stock is seen from 2350 – 2400 on downside & 2800 – 2850 on upside.

Dr. Reddy Outlook for the Week (Feb 11, 2019 – Feb 15, 2019)

EquityPandit’s Outlook for Dr. Reddy for the week  (Fev 11, 2019 – Feb 15, 2019) : 

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on negative note losing around 0.80%.

As we have mentioned last week, that resistance for the stock lies in the zone of 2800 to 2850 where long term Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 2950 to 3000. During the week the stock manages to hit a high of 2878 and close the week around the levels of 2770.

Support for the stock lies in the zone of 2700 to 2750 from where the stock broke out of December-2018 high. If the stock manages to close below these levels then the stock can drift to the levels of 2600 to 2650 where medium term moving averages are lying.

Resistance for the stock lies in the zone of 2800 to 2850 where long term Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 2950 to 3000.

Broad range for the stock is seen from 2600 – 2650 on downside & 2900 – 2950 on upside.

Dr. Reddy Outlook for the Week (Feb 4, 2019 – Feb 8, 2019)

EquityPandit’s Outlook for Dr. Reddy for the week  (Fev 4, 2019 – Feb 8, 2019) : 

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on positive note gaining around 4.50%.

As we have mentioned last week, that minor support for the stock lies around 2580 to 2630. Support for the stock lies in the zone of 2480 to 2520 where Fibonacci levels and medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2350 to 2400 where Fibonacci levels and long term moving averages are lying. During the week the stock manages to hit a low of 2600 and close the week around the levels of 2791.

Support for the stock lies in the zone of 2700 to 2750 from where the stock broke out of December-2018 high. If the stock manages to close below these levels then the stock can drift to the levels of 2600 to 2650 where medium term moving averages are lying.

Resistance for the stock lies in the zone of 2800 to 2850 where long term Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 2950 to 3000.

Broad range for the stock is seen from 2600 – 2650 on downside & 2950 – 3000 on upside.

Dr. Reddy Outlook for the Week (Jan 28, 2019 – Feb 1, 2019)

EquityPandit’s Outlook for Dr. Reddy for the week  (Jan 28, 2019 – Feb 1, 2019) : 

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on positive note gaining around 2.90%.

As we have mentioned last week, that resistance for the stock lies in the zone of 2700 to 2750 where the stock has formed a double top pattern. If the stock manages to close above these levels then the stock can move to the levels of 2800 to 2850 where long term Fibonacci levels are lying. During the week the stock manages to hit a high of 2691 and close the week around the levels of 2672.

Minor support for the stock lies around 2580 to 2630. Support for the stock lies in the zone of 2480 to 2520 where Fibonacci levels and medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2350 to 2400 where Fibonacci levels and long term moving averages are lying.

Resistance for the stock lies in the zone of 2700 to 2750 where the stock has formed a double top pattern. If the stock manages to close above these levels then the stock can move to the levels of 2800 to 2850 where long term Fibonacci levels are lying.

Broad range for the stock is seen from 2500 – 2550 on downside & 2800 – 2850 on upside.

Dr. Reddy Outlook for the Week (Jan 21, 2019 – Jan 25, 2019)

EquityPandit’s Outlook for Dr. Reddy for the week  (Jan 21, 2019 – Jan 25, 2019) : 

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on positive note gaining around 0.30%.

As we have mentioned last week, that support for the stock lies in the zone of 2480 to 2520 where Fibonacci levels and medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2350 to 2400 where Fibonacci levels and long term moving averages are lying. During the week the stock manages to hit a low of 2555 and close the week around the levels of 2597.

Support for the stock lies in the zone of 2480 to 2520 where Fibonacci levels and medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2350 to 2400 where Fibonacci levels and long term moving averages are lying.

Resistance for the stock lies in the zone of 2700 to 2750 where the stock has formed a double top pattern. If the stock manages to close above these levels then the stock can move to the levels of 2800 to 2850 where long term Fibonacci levels are lying.

Broad range for the stock is seen from 2400 – 2450 on downside & 2800 – 2850 on upside.

Dr. Reddy Outlook for the Week (Jan 14, 2019 – Jan 18, 2019)

EquityPandit’s Outlook for Dr. Reddy for the week  (Jan 14, 2019 – Jan 18, 2019) : 

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on negative note losing around 0.50%.

As we have mentioned last week, that support for the stock lies in the zone of 2480 to 2520 where Fibonacci levels and medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2350 to 2400 where Fibonacci levels and long term moving averages are lying. During the week the stock manages to hit a low of 2537 and close the week around the levels of 2588.

Support for the stock lies in the zone of 2480 to 2520 where Fibonacci levels and medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2350 to 2400 where Fibonacci levels and long term moving averages are lying.

Resistance for the stock lies in the zone of 2700 to 2750 where the stock has formed a double top pattern. If the stock manages to close above these levels then the stock can move to the levels of 2800 to 2850 where long term Fibonacci levels are lying.

Broad range for the stock is seen from 2400 – 2450 on downside & 2800 – 2850 on upside.

Dr. Reddy Outlook for the Week (Jan 07, 2019 – Jan 11, 2019)

EquityPandit’s Outlook for Dr. Reddy for the week  (Jan 07, 2019 – Jan 11, 2019) : 

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on negative note losing around 0.80%.

As we have mentioned last week, that resistance for the stock lies in the zone of 2700 to 2750 where the stock has formed a double top pattern. If the stock manages to close above these levels then the stock can move to the levels of 2800 to 2850 where long term Fibonacci levels are lying. During the week the stock manages to hit a high of 2664 and close the week around the levels of 2600.

Support for the stock lies in the zone of 2480 to 2520 where Fibonacci levels and medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2350 to 2400 where Fibonacci levels and long term moving averages are lying.

Resistance for the stock lies in the zone of 2700 to 2750 where the stock has formed a double top pattern. If the stock manages to close above these levels then the stock can move to the levels of 2800 to 2850 where long term Fibonacci levels are lying.

Broad range for the stock is seen from 2400 – 2450 on downside & 2800 – 2850 on upside.

Dr. Reddy Outlook for the Week (Dec 31, 2018 – Jan 04, 2019)

EquityPandit’s Outlook for Dr. Reddy for the week  (Dec 31, 2018 – Jan 04, 2019) : 

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on positive note gaining around 0.50%.

As we have mentioned last week, that resistance for the stock lies in the zone of 2700 to 2750 where the stock has formed a double top pattern. If the stock manages to close above these levels then the stock can move to the levels of 2800 to 2850 where long term Fibonacci levels are lying. During the week the stock manages to hit a high of 2645 and close the week around the levels of 2622.

Support for the stock lies in the zone of 2480 to 2520 where Fibonacci levels and medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2350 to 2400 where Fibonacci levels and long term moving averages are lying.

Resistance for the stock lies in the zone of 2700 to 2750 where the stock has formed a double top pattern. If the stock manages to close above these levels then the stock can move to the levels of 2800 to 2850 where long term Fibonacci levels are lying.

Broad range for the stock is seen from 2400 – 2450 on downside & 2800 – 2850 on upside.

Dr. Reddy Outlook for the Week (Dec 24, 2018 – Dec 28, 2018)

EquityPandit’s Outlook for Dr. Reddy for the week  (Dec 24, 2018 – Dec 28, 2018) : 

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on positive note gaining around 0.60%.

As we have mentioned last week, that support for the stock lies in the zone of 2480 to 2520 where Fibonacci levels and medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2350 to 2400 where Fibonacci levels and long term moving averages are lying. During the week the stock manages to hit a low of 2578 and close the week around the levels of 2608.

Support for the stock lies in the zone of 2480 to 2520 where Fibonacci levels and medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2350 to 2400 where Fibonacci levels and long term moving averages are lying.

Resistance for the stock lies in the zone of 2700 to 2750 where the stock has formed a double top pattern. If the stock manages to close above these levels then the stock can move to the levels of 2800 to 2850 where long term Fibonacci levels are lying.

Broad range for the stock is seen from 2400 – 2450 on downside & 2800 – 2850 on upside.

Dr. Reddy Outlook for the Week (Dec 17, 2018 – Dec 21, 2018)

EquityPandit’s Outlook for Dr. Reddy for the week  (Dec 17, 2018 – Dec 21, 2018) : 

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on negative note losing around 3.70%.

As we have mentioned last week, that support for the stock lies in the zone of 2640 to 2670 where high for the month of September-2018 and Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2480 to 2520 where Fibonacci levels and short term moving averages are lying. During the week the stock manages to hit a low of 2534 and close the week around the levels of 2592.

Support for the stock lies in the zone of 2480 to 2520 where Fibonacci levels and medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2350 to 2400 where Fibonacci levels and long term moving averages are lying.

Resistance for the stock lies in the zone of 2700 to 2750 where the stock has formed a double top pattern. If the stock manages to close above these levels then the stock can move to the levels of 2800 to 2850 where long term Fibonacci levels are lying.

Broad range for the stock is seen from 2400 – 2450 on downside & 2800 – 2850 on upside.

Dr. Reddy Outlook for the Week (Dec 10, 2018 – Dec 14, 2018)

EquityPandit’s Outlook for Dr. Reddy for the week  (Dec 10, 2018 – Dec 14, 2018) : 

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on negative note losing around 1.10%.

As we have mentioned last week, that support for the stock lies in the zone of 2640 to 2670 where high for the month of September-2018 and Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2480 to 2520 where Fibonacci levels and short term moving averages are lying. During the week the stock manages to hit a low of 2621 and close the week around the levels of 2692.

Support for the stock lies in the zone of 2640 to 2670 where high for the month of September-2018 and Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2480 to 2520 where Fibonacci levels and short term moving averages are lying.

Resistance for the stock lies in the zone of 2800 to 2850 where long term Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 2950 to 3000.

Broad range for the stock is seen from 2500 – 2550 on downside & 2850 – 2900 on upside.

Dr. Reddy Outlook for the Week (Dec 03, 2018 – Dec 07, 2018)

EquityPandit’s Outlook for Dr. Reddy for the week  (Dec 03, 2018 – Dec 07, 2018) : 

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on positive note gaining around 4.30%.

As we have mentioned last week, that support for the stock lies in the zone of 2480 to 2520 where Fibonacci levels and short term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2360 to 2390 where Fibonacci levels and medium term moving averages are lying. During the week the stock manages to hit a low of 2521 and close the week around the levels of 2722.

Support for the stock lies in the zone of 2640 to 2670 where high for the month of September-2018 and Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2480 to 2520 where Fibonacci levels and short term moving averages are lying.

Resistance for the stock lies in the zone of 2800 to 2850 where long term Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 2950 to 3000.

Broad range for the stock is seen from 2500 – 2550 on downside & 2850 – 2900 on upside.

Dr. Reddy Outlook for the Week (Nov 26, 2018 – Nov 30, 2018)

EquityPandit’s Outlook for Dr. Reddy for the week  (Nov 26, 2018 – Nov 30, 2018) : 

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on positive note gaining around 5.30%.

As we have mentioned last week, that resistance for the stock lies in the zone of 2480 to 2520 where Fibonacci levels and short term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 2600 to 2650 where high for the month of September-2018 is lying. During the week the stock manages to hit a high of 2655 and close the week around the levels of 2609.

Support for the stock lies in the zone of 2480 to 2520 where Fibonacci levels and short term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2360 to 2390 where Fibonacci levels and medium term moving averages are lying.

Resistance for the stock lies in the zone of 2640 to 2670, where high for the month of September-2018 and Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 2750 to 2780 where high for the month of July-2017 is lying.

Broad range for the stock is seen from 2400 – 2450 on downside & 2750 – 2800 on upside.

Dr. Reddy Outlook for the Week (Nov 19, 2018 – Nov 23, 2018)

EquityPandit’s Outlook for Dr. Reddy for the week  (Nov 19, 2018 – Nov 23, 2018) : 

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on positive note gaining around 3.20%.

As we have mentioned last week, that resistance for the stock lies in the zone of 2480 to 2520 where Fibonacci levels and short term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 2600 to 2650 where high for the month of September-2018 is lying. During the week the stock manages to hit a high of 2498 and close the week around the levels of 2477.

Support for the stock lies in the zone of 2360 to 2390 where Fibonacci levels and medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2250 to 2280 where Fibonacci levels and long term moving averages are lying.

Resistance for the stock lies in the zone of 2480 to 2520 where Fibonacci levels and short term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 2600 to 2650 where high for the month of September-2018 is lying.

Broad range for the stock is seen from 2300 – 2350 on downside & 2600 – 2650 on upside.

Dr. Reddy Outlook for the Week (Nov 12, 2018 – Nov 16, 2018)

EquityPandit’s Outlook for Dr. Reddy for the week  (Nov 12, 2018 – Nov 16, 2018) : 

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on negative note losing around 1.00%.

As we have mentioned last week, that resistance for the stock lies in the zone of 2480 to 2520 where Fibonacci levels and short term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 2600 to 2650 where high for the month of September-2018 is lying. During the week the stock manages to hit a high of 2470 and close the week around the levels of 2400.

Support for the stock lies in the zone of 2350 to 2380 where Fibonacci levels and medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2250 to 2280 where Fibonacci levels and long term moving averages are lying.

Resistance for the stock lies in the zone of 2480 to 2520 where Fibonacci levels and short term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 2600 to 2650 where high for the month of September-2018 is lying.

Broad range for the stock is seen from 2250 – 2300 on downside & 2500 – 2550 on upside.

Dr. Reddy Outlook for the Week (Nov 05, 2018 – Nov 09, 2018)

EquityPandit’s Outlook for Dr. Reddy for the week  (Nov 05, 2018 – Nov 09, 2018) : 

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on positive note gaining around 0.70%.

As we have mentioned last week, that resistance for the stock lies in the zone of 2480 to 2520 where Fibonacci levels and short term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 2600 to 2650 where high for the month of September-2018 is lying. During the week the stock manages to hit a high of 2610 and close the week around the levels of 2423.

Support for the stock lies in the zone of 2350 to 2380 where Fibonacci levels and medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2250 to 2280 where Fibonacci levels and long term moving averages are lying.

Resistance for the stock lies in the zone of 2480 to 2520 where Fibonacci levels and short term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 2600 to 2650 where high for the month of September-2018 is lying.

Broad range for the stock is seen from 2250 – 2300 on downside & 2550 – 2600 on upside.

Dr. Reddy Outlook for the Week (Oct 29, 2018 – Nov 02, 2018)

EquityPandit’s Outlook for Dr. Reddy for the week  (Oct 29, 2018 – Nov 02, 2018) : 

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on negative note losing around 5.80%.

As we have mentioned last week, that support for the stock lies in the zone of 2480 to 2520 where Fibonacci levels and short term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2350 to 2380 where Fibonacci levels are lying. During the week the stock manages to hit a low of 2368 and close the week around the levels of 2405.

Support for the stock lies in the zone of 2350 to 2380 where Fibonacci levels and medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2250 to 2280 where Fibonacci levels and long term moving averages are lying.

Resistance for the stock lies in the zone of 2480 to 2520 where Fibonacci levels and short term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 2600 to 2650 where high for the month of September-2018 is lying.

Broad range for the stock is seen from 2250 – 2300 on downside & 2550 – 2600 on upside.

Dr. Reddy Outlook for the Week (Oct 22, 2018 – Oct 26, 2018)

EquityPandit’s Outlook for Dr. Reddy for the week  (Oct 22, 2018 – Oct 26, 2018) : 

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on positive note gaining around 4.20%.

As we have mentioned last week, that resistance for the stock lies in the zone of 2500 to 2530 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 2630 to 2670 where high for the month of January-2018 and September-2018 are lying. During the week the stock manages to hit a high of 2599 and close the week around the levels of 2552.

Support for the stock lies in the zone of 2480 to 2520 where Fibonacci levels and short term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2350 to 2380 where Fibonacci levels are lying.

Minor resistance for the stock lies around 2600 to 2620. Resistance for the stock lies in the zone of 2650 to 2670 where high for the month of September-2018 is lying. If the stock manages to close above these levels then the stock can move to the levels of 2730 to 2760.

Broad range for the stock is seen from 2350 – 2400 on downside & 2700 – 2750 on upside.

Dr. Reddy Outlook for the Week (Oct 15, 2018 – Oct 19, 2018)

EquityPandit’s Outlook for Dr. Reddy for the week  (Oct 15, 2018 – Oct 19, 2018) : 

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on positive note gaining around 2.30%.

As we have mentioned last week, that resistance for the stock lies in the zone of 2500 to 2530 where high for the month of August-2018 is lying. If the stock manages to close above these levels then the stock can move to the levels of 2630 to 2670 where high for the month of January-2018 and September-2018 are lying. During the week the stock manages to hit a high of 2516 and close the week around the levels of 2451.

Support for the stock lies in the zone of 2350 to 2380 where Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2220 to 2250 where Fibonacci levels and long term moving averages are lying.

Resistance for the stock lies in the zone of 2500 to 2530 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 2630 to 2670 where high for the month of January-2018 and September-2018 are lying.

Broad range for the stock is seen from 2300 – 2350 on downside & 2550 – 2600 on upside.

Dr. Reddy Outlook for the Week (Oct 08, 2018 – Oct 12, 2018)

EquityPandit’s Outlook for Dr. Reddy for the week  (Oct 08, 2018 – Oct 12, 2018) : 

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on negative note losing around 5.40%.

As we have mentioned last week, that support for the stock lies in the zone of 2500 to 2530 where high for the month of August-2018 is lying. If the stock manages to close below these levels then the stock can drift to the levels of 2370 to 2400 where Fibonacci levels and high for the month of June-2018 and July-2018 is lying. During the week the stock manages to hit a low of 2350 and close the week around the levels of 2395.

Support for the stock lies in the zone of 2350 to 2380 where Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2220 to 2250 where Fibonacci levels and long term moving averages are lying.

Resistance for the stock lies in the zone of 2500 to 2530 where high for the month of August-2018 is lying. If the stock manages to close above these levels then the stock can move to the levels of 2630 to 2670 where high for the month of January-2018 and September-2018 are lying.

Broad range for the stock is seen from 2200 – 2250 on downside & 2550 – 2600 on upside.

Dr. Reddy Outlook for the Week (Oct 01, 2018 – Oct 05, 2018)

EquityPandit’s Outlook for Dr. Reddy for the week (Oct 01, 2018 – Oct 05, 2018) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on negative note losing around 1.00%.

As we have mentioned last week, that support for the stock lies in the zone of 2500 to 2550 where high for the month of August-2018 is lying. If the stock manages to close below these levels then the stock can drift to the levels of 2350 to 2400 where Fibonacci levels and high for the month of June-2018 and July-2018 is lying. During the week the stock manages to hit a low of 2485 and close the week around the levels of 2531.

Support for the stock lies in the zone of 2500 to 2530 where high for the month of August-2018 is lying. If the stock manages to close below these levels then the stock can drift to the levels of 2370 to 2400 where Fibonacci levels and high for the month of June-2018 and July-2018 is lying.

Resistance for the stock lies in the zone of 2630 to 2670 where high for the month of January-2018 and September-2018 are lying. If the stock manages to close above these levels then the stock can move to the levels of 2800 to 2850 where long term Fibonacci levels are lying.

Broad range for the stock is seen from 2400 – 2450 on downside & 2650 – 2700 on upside.

Dr. Reddy Outlook for the Week (Sep 24, 2018 – Sep 28, 2018)

EquityPandit’s Outlook for Dr. Reddy for the week (Sep 24, 2018 – Sep 28, 2018) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on negative note losing around 1.00%.

As we have mentioned last week, that resistance for the stock lies in the zone of 2600 to 2650 where high for the month of January-2018 is lying. If the stock manages to close above these levels then the stock can move to the levels of 2800 to 2850 where long term Fibonacci levels are lying. During the week the stock manages to hit a high of 2671 and close the week around the levels of 2556.

Support for the stock lies in the zone of 2500 to 2550 where high for the month of August-2018 is lying. If the stock manages to close below these levels then the stock can drift to the levels of 2350 to 2400 where Fibonacci levels and high for the month of June-2018 and July-2018 is lying.

Resistance for the stock lies in the zone of 2600 to 2650 where high for the month of January-2018 is lying. If the stock manages to close above these levels then the stock can move to the levels of 2800 to 2850 where long term Fibonacci levels are lying.

Broad range for the stock is seen from 2400 – 2450 on downside & 2700 – 2750 on upside.

Dr. Reddy Outlook for the Week (Sep 17, 2018 – Sep 21, 2018)

EquityPandit’s Outlook for Dr. Reddy for the week (Sep 17, 2018 – Sep 21, 2018) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on negative note losing around 1.90%.

As we have mentioned last week, that support for the stock lies in the zone of 2500 to 2550 where high for the month of August-2018 is lying. If the stock manages to close below these levels then the stock can drift to the levels of 2350 to 2400 where Fibonacci levels and high for the month of June-2018 and July-2018 is lying. During the week the stock manages to hit a low of 2488 and close the week around the levels of 2582.

Support for the stock lies in the zone of 2500 to 2550 where high for the month of August-2018 is lying. If the stock manages to close below these levels then the stock can drift to the levels of 2350 to 2400 where Fibonacci levels and high for the month of June-2018 and July-2018 is lying.

Resistance for the stock lies in the zone of 2600 to 2650 where high for the month of January-2018 is lying. If the stock manages to close above these levels then the stock can move to the levels of 2800 to 2850 where long term Fibonacci levels are lying.

Broad range for the stock is seen from 2400 – 2450 on downside & 2750 – 2800 on upside.

Dr. Reddy Outlook for the Week (Sep 10, 2018 – Sep 14, 2018)

EquityPandit’s Outlook for Dr. Reddy for the week (Sep 10, 2018 – Sep 14, 2018) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on positive note gaining around 5.60%.

As we have mentioned last week, that resistance for the stock lies in the zone of 2500 to 2550 from where the stock has broken down. If the stock manages to close above these levels then the stock can move to the levels of 2600 to 2650 where high for the month of January-2018 is lying. During the week the stock manages to hit a high of 2644 and close the week around the levels of 2632.

Support for the stock lies in the zone of 2500 to 2550 where high for the month of August-2018 is lying. If the stock manages to close below these levels then the stock can drift to the levels of 2350 to 2400 where Fibonacci levels and high for the month of June-2018 and July-2018 is lying.

Resistance for the stock lies in the zone of 2600 to 2650 where high for the month of January-2018 is lying. If the stock manages to close above these levels then the stock can move to the levels of 2800 to 2850 where long term Fibonacci levels are lying.

Broad range for the stock is seen from 2400 – 2450 on downside & 2750 – 2800 on upside.

Dr. Reddy Outlook for the Week (Sep 03, 2018 – Sep 07, 2018)

EquityPandit’s Outlook for Dr. Reddy for the week (Sep 03, 2018 – Sep 07, 2018) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on positive note gaining around 1.80%.

As we have mentioned last week, that support for the stock lies in the zone of 2350 to 2400 where Fibonacci levels and high for the month of June-2018 and July-2018 is lying. If the stock manages to close below these levels then the stock can drift to the levels of 2200 to 2250 where short & long term moving averages are lying. During the week the stock manages to hit a low of 2375 and close the week around the levels of 2492.

Support for the stock lies in the zone of 2350 to 2400 where Fibonacci levels and high for the month of June-2018 and July-2018 is lying. If the stock manages to close below these levels then the stock can drift to the levels of 2200 to 2250 where short & long term moving averages are lying.

Resistance for the stock lies in the zone of 2500 to 2550 from where the stock has broken down. If the stock manages to close above these levels then the stock can move to the levels of 2600 to 2650 where high for the month of January-2018 is lying.

Broad range for the stock is seen from 2300 – 2350 on downside & 2600 – 2650 on upside.

Dr. Reddy Outlook for the Week (Aug 27, 2018 – Aug 31, 2018)

EquityPandit’s Outlook for Dr. Reddy for the week (Aug 27, 2018 – Aug 31, 2018) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on positive note gaining around 3.50%.

As we have mentioned last week, that resistance for the stock lies in the zone of 2350 to 2400 where Fibonacci levels and high for the month of June-2018 and July-2018 is lying. If the stock manages to close above these levels then the stock can move to the levels of 2500 to 2550. During the week the stock manages to hit a high of 2520 and close the week around the levels of 2447.

Support for the stock lies in the zone of 2350 to 2400 where Fibonacci levels and high for the month of June-2018 and July-2018 is lying. If the stock manages to close below these levels then the stock can drift to the levels of 2200 to 2250 where short & long term moving averages are lying.

Resistance for the stock lies in the zone of 2500 to 2550 from where the stock has broken down. If the stock manages to close above these levels then the stock can move to the levels of 2600 to 2650 where high for the month of January-2018 is lying.

Broad range for the stock is seen from 2300 – 2350 on downside & 2600 – 2650 on upside.

Dr. Reddy Outlook for the Week (Aug 20, 2018 – Aug 24, 2018)

EquityPandit’s Outlook for Dr. Reddy for the week (Aug 20, 2018 – Aug 24, 2018) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on positive note gaining around 6.80%.

As we have mentioned last week, that minor resistance for the stock lies in the zone of 2280 to 2300. Resistance for the stock lies in the zone of 2350 to 2400 where Fibonacci levels and high for the month of June-2018 and July-2018 is lying. If the stock manages to close above these levels then the stock can move to the levels of 2500 to 2550. During the week the stock manages to hit a high of 2411 and close the week around the levels of 2364.

Minor support for the stock lies in the zone of 2280 to 2300. Support for the stock lies in the zone of 2150 to 2200 where short & long term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2020 to 2040 from where the stock broke out of consolidation in the month of June-2018.

Resistance for the stock lies in the zone of 2350 to 2400 where Fibonacci levels and high for the month of June-2018 and July-2018 is lying. If the stock manages to close above these levels then the stock can move to the levels of 2500 to 2550.

Broad range for the stock is seen from 2200 – 2250 on downside & 2450 – 2500 on upside.

Dr. Reddy Outlook for the Week (Aug 13, 2018 – Aug 17, 2018)

EquityPandit’s Outlook for Dr. Reddy for the week (Aug 13, 2018 – Aug 17, 2018) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on negative note losing around 2.90%.

As we have mentioned last week, that support for the stock lies in the zone of 2150 to 2200 where short & long term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2020 to 2040 from where the stock broke out of consolidation in the month of June-2018. During the week the stock manages to hit a low of 2205 and close the week around the levels of 2214.

Support for the stock lies in the zone of 2150 to 2200 where short & long term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2020 to 2040 from where the stock broke out of consolidation in the month of June-2018.

Minor resistance for the stock lies in the zone of 2280 to 2300. Resistance for the stock lies in the zone of 2350 to 2400 where Fibonacci levels and high for the month of June-2018 and July-2018 is lying. If the stock manages to close above these levels then the stock can move to the levels of 2500 to 2550.

Broad range for the stock is seen from 2000 – 2050 on downside & 2400 – 2450 on upside.

Dr. Reddy Outlook for the Week (Aug 06, 2018 – Aug 10, 2018)

EquityPandit’s Outlook for Dr. Reddy for the week (Aug 06, 2018 – Aug 10, 2018) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on positive note gaining around 9.50%.

As we have mentioned last week, that resistance for the stock lies in the zone of 2130 to 2150 where short & medium term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 2200 to 2220 from where the stock broke down and long term moving averages are lying. During the week the stock manages to hit a high of 2290 and close the week around the levels of 2281.

Support for the stock lies in the zone of 2150 to 2200 where short & long term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2020 to 2040 from where the stock broke out of consolidation in the month of June-2018.

Resistance for the stock lies in the zone of 2350 to 2400 where Fibonacci levels and high for the month of June-2018 and July-2018 is lying. If the stock manages to close above these levels then the stock can move to the levels of 2500 to 2550.

Broad range for the stock is seen from 2000 – 2050 on downside & 2500 – 2550 on upside.

Dr. Reddy Outlook for the Week (July 30, 2018 – Aug 03, 2018)

EquityPandit’s Outlook for Dr. Reddy for the week (July 30, 2018 – Aug 03, 2018) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on positive note gaining around 1.50%.

As we have mentioned last week, that resistance for the stock lies in the zone of 2130 to 2150 where short & medium term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 2200 to 2220 from where the stock broke down and long term moving averages are lying. During the week the stock manages to hit a high of 2191 and close the week around the levels of 2083.

Support for the stock lies in the zone of 2020 to 2040 from where the stock broke out of consolidation in the month of June-2018. If the stock manages to close below these levels then the stock can drift to the levels of 1900 to 1950 where the stock has taken support in the month of May-2018 and long term Fibonacci levels are lying.

Resistance for the stock lies in the zone of 2130 to 2150 where short & medium term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 2200 to 2220 from where the stock broke down and long term moving averages are lying.

Broad range for the stock is seen from 1900 – 1950 on downside & 2200 – 2250 on upside.

Dr. Reddy Outlook for the Week (July 23, 2018 – July 27, 2018)

EquityPandit’s Outlook for Dr. Reddy for the week (July 23, 2018 – July 27, 2018) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on negative note losing around 11.60%.

As we have mentioned last week, that support for the stock lies in the zone of 2180 to 2220 where high for the month of April-2018 and long term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2050 to 2100 where short and medium term moving averages are lying. During the week the stock manages to hit a low of 2020 and close the week around the levels of 2052.

Support for the stock lies in the zone of 2020 to 2040 from where the stock broke out of consolidation in the month of June-2018. If the stock manages to close below these levels then the stock can drift to the levels of 1900 to 1950 where the stock has taken support in the month of May-2018 and long term Fibonacci levels are lying.

Resistance for the stock lies in the zone of 2130 to 2150 where short & medium term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 2200 to 2220 from where the stock broke down and long term moving averages are lying.

Broad range for the stock is seen from 1900 – 1950 on downside & 2200 – 2250 on upside.

Dr. Reddy Outlook for the Week (July 16, 2018 – July 20, 2018)

EquityPandit’s Outlook for Dr. Reddy for the week (July 16, 2018 – July 20, 2018) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on positive note gaining around 2.20%.

As we have mentioned last week, that resistance for the stock lies in the zone of 2350 to 2400 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 2550 to 2600 where the stock has formed a high in the month of January-2018. During the week the stock manages to hit a high of 2388 and close the week around the levels of 2320.

Support for the stock lies in the zone of 2180 to 2220 where high for the month of April-2018 and long term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2050 to 2100 where short and medium term moving averages are lying.

Resistance for the stock lies in the zone of 2350 to 2400 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 2550 to 2600 where the stock has formed a high in the month of January-2018.

Broad range for the stock is seen from 2200 – 2250 on downside & 2400 – 2450 on upside.

Dr. Reddy Outlook for the Week (July 09, 2018 – July 13, 2018)

EquityPandit’s Outlook for Dr. Reddy for the week (July 09, 2018 – July 13, 2018) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on positive note gaining around 1.50%.

As we have mentioned last week, that support for the stock lies in the zone of 2180 to 2220 where high for the month of April-2018 and long term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2050 to 2100 where short and medium term moving averages are lying. During the week the stock manages to hit a low of 2202 and close the week around the levels of 2269.

Support for the stock lies in the zone of 2180 to 2220 where high for the month of April-2018 and long term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2050 to 2100 where short and medium term moving averages are lying.

Resistance for the stock lies in the zone of 2350 to 2400 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 2550 to 2600 where the stock has formed a high in the month of January-2018.

Broad range for the stock is seen from 2100 – 2150 on downside & 2350 – 2400 on upside.

Dr. Reddy Outlook for the Week (July 02, 2018 – July 06, 2018)

EquityPandit’s Outlook for Dr. Reddy for the week (July 02, 2018 – July 06, 2018) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on negative note losing around 4.30%.

As we have mentioned last week, that support for the stock lies in the zone of 2180 to 2220 where high for the month of April-2018 and long term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2050 to 2100 where short and medium term moving averages are lying. During the week the stock manages to hit a low of 2223 and close the week around the levels of 2235.

Support for the stock lies in the zone of 2180 to 2220 where high for the month of April-2018 and long term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2050 to 2100 where short and medium term moving averages are lying.

Resistance for the stock lies in the zone of 2350 to 2400 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 2550 to 2600 where the stock has formed a high in the month of January-2018.

Broad range for the stock is seen from 2100 – 2150 on downside & 2350 – 2400 on upside.

Dr. Reddy Outlook for the Week (June 25, 2018 – June 29, 2018)

EquityPandit’s Outlook for Dr. Reddy for the week (June 25, 2018 – June 29, 2018) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on negative note losing around 0.60%.

As we have mentioned last week, that resistance for the stock lies in the zone of 2350 to 2400 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 2550 to 2600 where the stock has formed a high in the month of January-2018. During the week the stock manages to hit a high of 2430 and close the week around the levels of 2336.

Support for the stock lies in the zone of 2180 to 2220 where high for the month of April-2018 and long term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2050 to 2100 where short and medium term moving averages are lying.

Resistance for the stock lies in the zone of 2350 to 2400 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 2550 to 2600 where the stock has formed a high in the month of January-2018.

Broad range for the stock is seen from 2150 – 2200 on downside & 2550 – 2600 on upside.

Dr. Reddy Outlook for the Week (June 18, 2018 – June 22, 2018)

EquityPandit’s Outlook for Dr. Reddy for the week (June 18, 2018 – June 22, 2018) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on positive note gaining around 13.90%.

As we have mentioned last week, that minor resistance for the stock lies in the zone of 2080 to 2100. Resistance for the stock lies in the zone of 2180 to 2200 where high for the month of April-2018 and long term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 2300 to 2350 where Fibonacci levels are lying. During the week the stock manages to hit a high of 2386 and close the week around the levels of 2350.

Support for the stock lies in the zone of 2180 to 2200 where high for the month of April-2018 and long term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2050 to 2100 where short and medium term moving averages are lying.

Resistance for the stock lies in the zone of 2350 to 2400 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 2550 to 2600 where the stock has formed a high in the month of January-2018.

Broad range for the stock is seen from 2150 – 2200 on downside & 2550 – 2600 on upside.

Dr. Reddy Outlook for the Week (June 11, 2018 – June 15, 2018)

EquityPandit’s Outlook for Dr. Reddy for the week (June 11, 2018 – June 15, 2018) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on positive note gaining around 6.30%.

As we have mentioned last week, that minor resistance for the stock lies in the zone of 1960 to 1980. Resistance for the stock lies in the zone of 2030 to 2060 from where the stock has broken down from March-2018 and April-2018 low. If the stock manages to close above these levels then the stock can move to the levels of 2100 to 2130. During the week the stock manages to hit a high of 2073 and close the week around the levels of 2063.

Minor support for the stock lies in the zone of 2000 to 2030. Support for the stock lies in the zone of 1880 to 1910 where Fibonacci levels and bottom for the month of August-2017 & May-2018 is lying. If the stock manages to close below these levels then the stock can drift to the levels of 1800 to 1830.

Minor resistance for the stock lies in the zone of 2080 to 2100. Resistance for the stock lies in the zone of 2180 to 2200 where high for the month of April-2018 and long term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 2300 to 2350 where Fibonacci levels are lying.

Broad range for the stock is seen from 1900 – 1950 on downside & 2150 – 2200 on upside.

Dr. Reddy Outlook for the Week (June 04, 2018 – June 08, 2018)

EquityPandit’s Outlook for Dr. Reddy for the week (June 04, 2018 – June 08, 2018) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on negative note losing around 1.40%.

As we have mentioned last week, that support for the stock lies in the zone of 1900 to 1930 where Fibonacci levels and bottom for the month of August-2017 is lying. If the stock manages to close below these levels then the stock can drift to the levels of 1800 to 1830. During the week the stock manages to hit a low of 1926 and close the week around the levels of 1941.

Support for the stock lies in the zone of 1880 to 1910 where Fibonacci levels and bottom for the month of August-2017 & May-2018 is lying. If the stock manages to close below these levels then the stock can drift to the levels of 1800 to 1830.

Minor resistance for the stock lies in the zone of 1960 to 1980. Resistance for the stock lies in the zone of 2030 to 2060 from where the stock has broken down from March-2018 and April-2018 low. If the stock manages to close above these levels then the stock can move to the levels of 2100 to 2130.

Broad range for the stock is seen from 1800 – 1850 on downside & 2050 – 2100 on upside.

Dr. Reddy Outlook for the Week (May 28, 2018 – June 01, 2018)

EquityPandit’s Outlook for Dr. Reddy for the week (May 28, 2018 – June 01, 2018) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on negative note losing around 0.70%.

As we have mentioned last week, that support for the stock lies in the zone of 1900 to 1950 where Fibonacci levels and bottom for the month of August-2017 is lying. If the stock manages to close below these levels then the stock can drift to the levels of 1800 to 1830. During the week the stock manages to hit a low of 1887 and close the week around the levels of 1968.

Support for the stock lies in the zone of 1900 to 1930 where Fibonacci levels and bottom for the month of August-2017 is lying. If the stock manages to close below these levels then the stock can drift to the levels of 1800 to 1830.

Resistance for the stock lies in the zone of 2030 to 2060 from where the stock has broken down from March-2018 and April-2018 low. If the stock manages to close above these levels then the stock can move to the levels of 2100 to 2130.

Broad range for the stock is seen from 1850 – 1900 on downside & 2050 – 2100 on upside.

Dr. Reddy Outlook for the Week (May 21, 2018 – May 25, 2018)

EquityPandit’s Outlook for Dr. Reddy for the week (May 21, 2018 – May 25, 2018) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on negative note losing around 0.40%.

As we have mentioned last week, that support for the stock lies in the zone of 1900 to 1950 where Fibonacci levels and bottom for the month of August-2017 is lying. If the stock manages to close below these levels then the stock can drift to the levels of 1800 to 1830. During the week the stock manages to hit a low of 1950 and close the week around the levels of 1982.

Support for the stock lies in the zone of 1900 to 1950 where Fibonacci levels and bottom for the month of August-2017 is lying. If the stock manages to close below these levels then the stock can drift to the levels of 1800 to 1830.

Resistance for the stock lies in the zone of 2030 to 2060 from where the stock has broken down from March-2018 and April-2018 low. If the stock manages to close above these levels then the stock can move to the levels of 2100 to 2130.

Broad range for the stock is seen from 1850 – 1900 on downside & 2100 – 2150 on upside.

Dr. Reddy Outlook for the Week (May 14, 2018 – May 18, 2018)

EquityPandit’s Outlook for Dr. Reddy for the week (May 14, 2018 – May 18, 2018) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on negative note losing around 5.50%.

As we have mentioned last week, that support for the stock lies in the zone of 2030 to 2080 from where the stock broke out on weekly charts. If the stock manages to close below these levels then the stock can drift to the levels of 1900 to 1950 where Fibonacci levels and bottom for the month of August-2017 is lying. During the week the stock manages to hit a low of 1960 and close the week around the levels of 1990.

Support for the stock lies in the zone of 1900 to 1950 where Fibonacci levels and bottom for the month of August-2017 is lying. If the stock manages to close below these levels then the stock can drift to the levels of 1800 to 1830.

Resistance for the stock lies in the zone of 2030 to 2060 from where the stock has broken down from March-2018 and April-2018 low. If the stock manages to close above these levels then the stock can move to the levels of 2100 to 2130.

Broad range for the stock is seen from 1850 – 1900 on downside & 2100 – 2150 on upside.

Dr. Reddy Outlook for the Week (May 07, 2018 – May 11, 2018)

EquityPandit’s Outlook for Dr. Reddy for the week (May 07, 2018 – May 11, 2018) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on negative note losing around 0.50%.

As we have mentioned last week, that support for the stock lies in the zone of 2030 to 2080 from where the stock broke out on weekly charts. If the stock manages to close below these levels then the stock can drift to the levels of 1900 to 1950 where Fibonacci levels and bottom for the month of August-2017 is lying. During the week the stock manages to hit a low of 2088 and close the week around the levels of 2106.

Support for the stock lies in the zone of 2030 to 2080 from where the stock broke out on weekly charts. If the stock manages to close below these levels then the stock can drift to the levels of 1900 to 1950 where Fibonacci levels and bottom for the month of August-2017 is lying.

Resistance for the stock lies in the zone of 2150 to 2200 where the stock has formed a top in the month of April-2018. If the stock manages to close above these levels then the stock can move to the levels of 2250 to 2300 where medium & long term moving averages and break down levels are lying.

Broad range for the stock is seen from 2000 – 2050 on downside & 2250 – 2300 on upside.

Dr. Reddy Outlook for the Week (Apr 30, 2018 – May 04, 2018)

EquityPandit’s Outlook for Dr. Reddy for the week (Apr 30, 2018 – May 04, 2018) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on negative note losing around 1.10%.

As we have mentioned last week, that support for the stock lies in the zone of 2030 to 2080 from where the stock broke out on weekly charts. If the stock manages to close below these levels then the stock can drift to the levels of 1900 to 1950 where Fibonacci levels and bottom for the month of August-2017 is lying. During the week the stock manages to hit a low of 2064 and close the week around the levels of 2098.

Support for the stock lies in the zone of 2030 to 2080 from where the stock broke out on weekly charts. If the stock manages to close below these levels then the stock can drift to the levels of 1900 to 1950 where Fibonacci levels and bottom for the month of August-2017 is lying.

Resistance for the stock lies in the zone of 2150 to 2200 where medium & long term moving averages and break down levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 2330 to 2380 where Fibonacci levels are lying.

Broad range for the stock is seen from 2000 – 2050 on downside & 2250 – 2300 on upside.

Dr. Reddy Outlook for the Week (Apr 23, 2018 – Apr 27, 2018)

EquityPandit’s Outlook for Dr. Reddy for the week (Apr 23, 2018 – Apr 27, 2018) : 

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on positive note gaining around 1.50%.

As we have mentioned last week, that resistance for the stock lies in the zone of 2150 to 2200 where short term moving averages and break down levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 2300 to 2350 where long term moving averages are lying. During the week the stock manages to hit a high of 2146 and close the week around the levels of 2122.

Support for the stock lies in the zone of 2030 to 2080 from where the stock broke out on weekly charts. If the stock manages to close below these levels then the stock can drift to the levels of 1900 to 1950 where Fibonacci levels and bottom for the month of August-2017 is lying.

Resistance for the stock lies in the zone of 2150 to 2200 where short term moving averages and break down levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 2300 to 2350 where long term moving averages are lying.

Broad range for the stock is seen from 2000 – 2050 on downside & 2250 – 2300 on upside.

Dr. Reddy Outlook for the Week (Apr 16, 2018 – Apr 20, 2018)

EquityPandit’s Outlook for Dr. Reddy for the week (Apr 16, 2018 – Apr 20, 2018) : 

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on negative note losing around 1.60%.

As we have mentioned last week, that support for the stock lies in the zone of 2030 to 2080 from where the stock broke out on weekly charts. If the stock manages to close below these levels then the stock can drift to the levels of 1900 to 1950 where Fibonacci levels and bottom for the month of August-2017 is lying. During the week the stock manages to hit a low of 2054 and close the week around the levels of 2090.

Support for the stock lies in the zone of 2030 to 2080 from where the stock broke out on weekly charts. If the stock manages to close below these levels then the stock can drift to the levels of 1900 to 1950 where Fibonacci levels and bottom for the month of August-2017 is lying.

Resistance for the stock lies in the zone of 2150 to 2200 where short term moving averages and break down levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 2300 to 2350 where long term moving averages are lying.

Broad range for the stock is seen from 2000 – 2050 on downside & 2200 – 2250 on upside.

Dr. Reddy Outlook for the Week (Apr 09, 2018 – Apr 13, 2018)

EquityPandit’s Outlook for Dr. Reddy for the week (Apr 09, 2018 – Apr 13, 2018) : 

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on positive note gaining around 2.10%.

As we have mentioned last week, that resistance for the stock lies in the zone of 2150 to 2200 where break down levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 2300 to 2350 where short, medium & long term moving averages are lying. During the week the stock manages to hit a high of 2150 and close the week around the levels of 2125.

Support for the stock lies in the zone of 2030 to 2080 from where the stock broke out on weekly charts. If the stock manages to close below these levels then the stock can drift to the levels of 1900 to 1950 where Fibonacci levels and bottom for the month of August-2017 is lying.

Resistance for the stock lies in the zone of 2150 to 2200 where short term moving averages and break down levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 2300 to 2350 where long term moving averages are lying.

Broad range for the stock is seen from 2000 – 2050 on downside & 2250 – 2300 on upside.

Dr. Reddy Outlook for the Week (Apr 02, 2018 – Apr 06, 2018)

EquityPandit’s Outlook for Dr. Reddy for the week (Apr 02, 2018 – Apr 06, 2018) : 

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on positive note gaining around 0.40%.

As we have mentioned last week, that support for the stock lies in the zone of 2030 to 2080 from where the stock broke out on weekly charts. If the stock manages to close below these levels then the stock can drift to the levels of 1900 to 1950 where Fibonacci levels and bottom for the month of August-2017 is lying. During the week the stock manages to hit a low of 2050 and close the week around the levels of 2081.

Support for the stock lies in the zone of 2030 to 2080 from where the stock broke out on weekly charts. If the stock manages to close below these levels then the stock can drift to the levels of 1900 to 1950 where Fibonacci levels and bottom for the month of August-2017 is lying.

Resistance for the stock lies in the zone of 2150 to 2200 where break down levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 2300 to 2350 where short, medium & long term moving averages are lying.

Broad range for the stock is seen from 1900 – 1950 on downside & 2150 – 2200 on upside.

Dr. Reddy Outlook for the Week (Mar 26, 2018 – Mar 28, 2018)

EquityPandit’s Outlook for Dr. Reddy for the week (Mar 26, 2018 – Mar 28, 2018) : 

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on negative note losing around 3.30%.

As we have mentioned last week, that support for the stock lies in the zone of 2030 to 2080 from where the stock broke out on weekly charts. If the stock manages to close below these levels then the stock can drift to the levels of 1900 to 1950 where Fibonacci levels and bottom for the month of August-2017 is lying. During the week the stock manages to hit a low of 2060 and close the week around the levels of 2072.

Support for the stock lies in the zone of 2030 to 2080 from where the stock broke out on weekly charts. If the stock manages to close below these levels then the stock can drift to the levels of 1900 to 1950 where Fibonacci levels and bottom for the month of August-2017 is lying.

Resistance for the stock lies in the zone of 2150 to 2200 where break down levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 2300 to 2350 where short, medium & long term moving averages are lying.

Broad range for the stock is seen from 1900 – 1950 on downside & 2150 – 2200 on upside.

Dr. Reddy Outlook for the Week (Mar 12, 2018 – Mar 16, 2018)

EquityPandit’s Outlook for Dr. Reddy for the week (Mar 12, 2018 – Mar 16, 2018) : 

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on negative note losing around 4.50%.

As we have mentioned last week, that minor support for the stock lies in the zone of 2140 to 2160. Support for the stock lies in the zone of 2030 to 2080 from where the stock broke out on weekly charts. If the stock manages to close below these levels then the stock can drift to the levels of 1900 to 1950 where Fibonacci levels and bottom for the month of August-2017 is lying. During the week the stock manages to hit a low of 2095 and close the week around the levels of 2130.

Support for the stock lies in the zone of 2030 to 2080 from where the stock broke out on weekly charts. If the stock manages to close below these levels then the stock can drift to the levels of 1900 to 1950 where Fibonacci levels and bottom for the month of August-2017 is lying.

Resistance for the stock lies in the zone of 2200 to 2230. If the stock manages to close above these levels then the stock can move to the levels of 2300 to 2350 where short, medium & long term moving averages are lying.

Broad range for the stock is seen from 2000 – 2050 on downside & 2250 – 2300 on upside.

Dr. Reddy Outlook for the Week (Mar 05, 2018 – Mar 09, 2018)

EquityPandit’s Outlook for Dr. Reddy for the week (Mar 05, 2018 – Mar 09, 2018) : 

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on positive note gaining around 3.00%.

As we have mentioned last week, that minor support for the stock lies in the zone of 2120 to 2140. Support for the stock lies in the zone of 2000 to 2050 from where the stock broke out on weekly charts. If the stock manages to close below these levels then the stock can drift to the levels of 1900 to 1950 where Fibonacci levels and bottom for the month of August-2017 is lying. During the week the stock manages to hit a low of 2090 and close the week around the levels of 2231.

Minor support for the stock lies in the zone of 2140 to 2160. Support for the stock lies in the zone of 2030 to 2080 from where the stock broke out on weekly charts. If the stock manages to close below these levels then the stock can drift to the levels of 1900 to 1950 where Fibonacci levels and bottom for the month of August-2017 is lying.

Resistance for the stock lies in the zone of 2300 to 2350 where Fibonacci levels and short, medium & long term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 2450 to 2500 from where the stock has broken down.

Broad range for the stock is seen from 2050 – 2100 on downside & 2350 – 2400 on upside.

Dr. Reddy Outlook for the Week (Feb 26, 2018 – Mar 02, 2018)

EquityPandit’s Outlook for Dr. Reddy for the week (Feb 19, 2018 – Mar 02, 2018) : 

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on negative note losing around 2.10%.

As we have mentioned last week, that resistance for the stock lies in the zone of 2170 to 2220 from where the stock broke down from the December-2017 lows. If the stock manages to close above these levels then the stock can move to the levels of 2300 to 2350 where Fibonacci levels and short & medium term moving averages are lying. During the week the stock manages to hit a high of 2234 and close the week around the levels of 2167.

Minor support for the stock lies in the zone of 2120 to 2140. Support for the stock lies in the zone of 2000 to 2050 from where the stock broke out on weekly charts. If the stock manages to close below these levels then the stock can drift to the levels of 1900 to 1950 where Fibonacci levels and bottom for the month of August-2017 is lying.

Resistance for the stock lies in the zone of 2170 to 2220 from where the stock broke down from the December-2017 lows. If the stock manages to close above these levels then the stock can move to the levels of 2300 to 2350 where Fibonacci levels and short & medium term moving averages are lying.

Broad range for the stock is seen from 2050 – 2100 on downside & 2350 – 2400 on upside.

Dr. Reddy Outlook for the Week (Feb 19, 2018 – Feb 23, 2018)

EquityPandit’s Outlook for Dr. Reddy for the week (Feb 19, 2018 – Feb 23, 2018) : 

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on positive note gaining around 0.90%.

As we have mentioned last week, that resistance for the stock lies in the zone of 2150 to 2200 from where the stock broke down from the December-2017 lows. If the stock manages to close above these levels then the stock can move to the levels of 2300 to 2350 where Fibonacci levels and short & medium term moving averages are lying. During the week the stock manages to hit a high of 2240 and close the week around the levels of 2214.

Minor support for the stock lies in the zone of 2120 to 2140. Support for the stock lies in the zone of 2000 to 2050 from where the stock broke out on weekly charts. If the stock manages to close below these levels then the stock can drift to the levels of 1900 to 1950 where Fibonacci levels and bottom for the month of August-2017 is lying.

Resistance for the stock lies in the zone of 2170 to 2220 from where the stock broke down from the December-2017 lows. If the stock manages to close above these levels then the stock can move to the levels of 2300 to 2350 where Fibonacci levels and short & medium term moving averages are lying.

Broad range for the stock is seen from 2050 – 2100 on downside & 2350 – 2400 on upside.

Dr. Reddy Outlook for the Week (Feb 12, 2018 – Feb 16, 2018)

EquityPandit’s Outlook for Dr. Reddy for the week (Feb 12, 2018 – Feb 16, 2018) : 

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on positive note gaining around 3.30%.

As we have mentioned last week, that support for the stock lies in the zone of 2000 to 2050 from where the stock broke out on weekly charts. If the stock manages to close below these levels then the stock can drift to the levels of 1900 to 1950 where Fibonacci levels and bottom for the month of August-2017 is lying. During the week the stock manages to hit a low of 2006 and close the week around the levels of 2194.

Minor support for the stock lies in the zone of 2100 to 2130. Support for the stock lies in the zone of 2000 to 2050 from where the stock broke out on weekly charts. If the stock manages to close below these levels then the stock can drift to the levels of 1900 to 1950 where Fibonacci levels and bottom for the month of August-2017 is lying.

Resistance for the stock lies in the zone of 2150 to 2200 from where the stock broke down from the December-2017 lows. If the stock manages to close above these levels then the stock can move to the levels of 2300 to 2350 where Fibonacci levels and short & medium term moving averages are lying.

Broad range for the stock is seen from 2000 – 2050 on downside & 2350 – 2400 on upside.

Dr. Reddy Outlook for the Week (Feb 05, 2018 – Feb 09, 2018)

EquityPandit’s Outlook for Dr. Reddy for the week (Feb 05, 2018 – Feb 09, 2018) : 

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on negative note losing around 15.30%.

As we have mentioned last week, that support for the stock lies in the zone of 2430 to 2450 where long term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2330 to 2370 where short term moving averages and Fibonacci levels are lying. During the week the stock manages to hit a low of 2110 and close the week around the levels of 2124.

Support for the stock lies in the zone of 2000 to 2050 from where the stock broke out on weekly charts. If the stock manages to close below these levels then the stock can drift to the levels of 1900 to 1950 where Fibonacci levels and bottom for the month of August-2017 is lying.

Resistance for the stock lies in the zone of 2150 to 2200 from where the stock broke down from the December-2017 lows. If the stock manages to close above these levels then the stock can move to the levels of 2300 to 2350 where Fibonacci levels and short & medium term moving averages are lying.

Broad range for the stock is seen from 1900 – 1950 on downside & 2300 – 2350 on upside.

Dr. Reddy Outlook for the Week (Jan 29, 2018 – Feb 02, 2018)

EquityPandit’s Outlook for Dr. Reddy for the week (Jan 29, 2018 – Feb 02, 2018) : 

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on positive note gaining around 0.70%.

As we have mentioned last week, that support for the stock lies in the zone of 2430 to 2450 where long term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2330 to 2370 where short term moving averages and Fibonacci levels are lying. During the week the stock manages to hit a low of 2440 and close the week around the levels of 2508.

Support for the stock lies in the zone of 2430 to 2450 where long term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2330 to 2370 where short term moving averages and Fibonacci levels are lying.

Resistance for the stock lies in the zone of 2500 to 2520 where the stock has formed a top in the month of September-2017, October-2017 and November-2017. If the stock manages to close above these levels then the stock can move to the levels of 2580 to 2600 from where the stock has opened gap down on 27th July 2017.

Broad range for the stock is seen from 2350 – 2380 on downside & 2580 – 2620 on upside.

Dr. Reddy Outlook for the Week (Jan 22, 2018 – Jan 25, 2018)

EquityPandit’s Outlook for Dr. Reddy for the week (Jan 22, 2018 – Jan 25, 2018) : 

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on positive note gaining around 1.70%.

As we have mentioned last week, that support for the stock lies in the zone of 2430 to 2450 where long term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2330 to 2370 where short term moving averages and Fibonacci levels are lying. During the week the stock manages to hit a low of 2425 and close the week around the levels of 2490.

Support for the stock lies in the zone of 2430 to 2450 where long term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2330 to 2370 where short term moving averages and Fibonacci levels are lying.

Resistance for the stock lies in the zone of 2500 to 2520 where the stock has formed a top in the month of September-2017, October-2017 and November-2017. If the stock manages to close above these levels then the stock can move to the levels of 2580 to 2600 from where the stock has opened gap down on 27th July 2017.

Broad range for the stock is seen from 2350 – 2380 on downside & 2580 – 2620 on upside.

Dr. Reddy Outlook for the Week (Jan 15, 2018 – Jan 19, 2018)

EquityPandit’s Outlook for Dr. Reddy for the week (Jan 15, 2018 – Jan 19, 2018) : 

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on negative note losing around 1.00%.

As we have mentioned last week, that resistance for the stock lies in the zone of 2500 to 2520 where the stock has formed a top in the month of September-2017, October-2017 and November-2017. If the stock manages to close above these levels then the stock can move to the levels of 2580 to 2600 from where the stock has opened gap down on 27th July 2017. During the week the stock manages to hit a high of 2512 and close the week around the levels of 2448.

Support for the stock lies in the zone of 2430 to 2450 where long term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2330 to 2370 where short term moving averages and Fibonacci levels are lying.

Resistance for the stock lies in the zone of 2500 to 2520 where the stock has formed a top in the month of September-2017, October-2017 and November-2017. If the stock manages to close above these levels then the stock can move to the levels of 2580 to 2600 from where the stock has opened gap down on 27th July 2017.

Broad range for the stock is seen from 2350 – 2380 on downside & 2580 – 2620 on upside.

Dr. Reddy Outlook for the Week (Jan 08, 2018 – Jan 12, 2018)

EquityPandit’s Outlook for Dr. Reddy for the week ( Jan 08, 2018 – Jan 12, 2018) : 

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on positive note gaining around 2.40%.

As we have mentioned last week, that support for the stock lies in the zone of 2330 to 2370 where short term moving averages and Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2230 to 2270 where break out levels and medium term moving averages are lying. During the week the stock manages to hit a low of 2292 and close the week around the levels of 2473.

Support for the stock lies in the zone of 2430 to 2450 where long term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2330 to 2370 where short term moving averages and Fibonacci levels are lying.

Resistance for the stock lies in the zone of 2500 to 2520 where the stock has formed a top in the month of September-2017, October-2017 and November-2017. If the stock manages to close above these levels then the stock can move to the levels of 2580 to 2600 from where the stock has opened gap down on 27th July 2017.

Broad range for the stock is seen from 2350 – 2380 on downside & 2580 – 2620 on upside.

Dr. Reddy Outlook for the Week (Jan 01, 2018 – Jan 05, 2018)

EquityPandit’s Outlook for Dr. Reddy for the week Jan 01, 2018 – Jan 05, 2018) : 

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on positive note gaining around 3.50%.

As we have mentioned last week, that support for the stock lies in the zone of 2280 to 2320 where short & medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2200 to 2220 where break out levels are lying. During the week the stock manages to hit a low of 2329 and close the week around the levels of 2414.

Support for the stock lies in the zone of 2330 to 2370 where short term moving averages and Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2230 to 2270 where break out levels and medium term moving averages are lying.

Resistance for the stock lies in the zone of 2430 to 2450 where long term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 2500 to 2520 where the stock has formed a top in the month of September-2017, October-2017 and November-2017.

Broad range for the stock is seen from 2300 – 2330 on downside & 2500 – 2520 on upside.

Dr. Reddy Outlook for the Week (Dec 26, 2017 – Dec 29, 2017)

EquityPandit’s Outlook for Dr. Reddy for the week  (Dec 26, 2017 – Dec 29, 2017) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on negative note losing around 1.60%.

As we have mentioned last week, that support for the stock lies in the zone of 2280 to 2320 where short & medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2180 to 2200 where break out levels are lying. During the week the stock manages to hit a low of 2330 and close the week around the levels of 2333.

Support for the stock lies in the zone of 2280 to 2320 where short & medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2200 to 2220 where break out levels are lying.

Resistance for the stock lies in the zone of 2380 to 2420 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 2500 to 2520 where the stock has opened gap down and 200 Daily moving averages are lying.

Broad range for the stock is seen from 2200 – 2250 on downside & 2450 – 2500 on upside.

Dr. Reddy Outlook for the Week (Dec 18, 2017 – Dec 22, 2017)

EquityPandit’s Outlook for Dr. Reddy for the week  (Dec 18, 2017 – Dec 22, 2017) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on positive note gaining around 8.50%.

As we have mentioned last week, that minor resistance for the stock lies in the zone of 2200 to 2230. Resistance for the stock lies in the zone of 2350 to 2400 where short & medium term moving averages and Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 2500 to 2520 where the stock has opened gap down and 200 Daily moving averages are lying. During the week the stock manages to hit a high of 2380 and close the week around the levels of 2371.

Support for the stock lies in the zone of 2280 to 2320 where short & medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2180 to 2200 where break out levels are lying.

Resistance for the stock lies in the zone of 2350 to 2400 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 2500 to 2520 where the stock has opened gap down and 200 Daily moving averages are lying.

Broad range for the stock is seen from 2200 – 2250 on downside & 2450 – 2500 on upside.

Dr. Reddy Outlook for the Week (Dec 11, 2017 – Dec 15, 2017)

EquityPandit’s Outlook for Dr. Reddy for the week  (Dec 11, 2017 – Dec 15, 2017) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on negative note losing around 2.20%.

As we have mentioned last week, that support for the stock lies in the zone of 2180 to 2200 where break out levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2050 to 2100 from where the stock broke out in the month of September-2017. During the week the stock manages to hit a low of 2180 and close the week around the levels of 2185.

Support for the stock lies in the zone of 2180 to 2200 where break out levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2050 to 2100 from where the stock broke out in the month of September-2017.

Minor resistance for the stock lies in the zone of 2200 to 2230. Resistance for the stock lies in the zone of 2350 to 2400 where short & medium term moving averages and Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 2500 to 2520 where the stock has opened gap down and 200 Daily moving averages are lying.

Broad range for the stock is seen from 2050 – 2100 on downside & 2300 – 2350 on upside.

Dr. Reddy Outlook for the Week (Dec 04, 2017 – Dec 08, 2017)

EquityPandit’s Outlook for Dr. Reddy for the week  (Dec 04, 2017 – Dec 08, 2017) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on negative note losing around 2.70%.

As we have mentioned last week, that resistance for the stock lies in the zone of 2350 to 2400 where short & medium term moving averages and Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 2500 to 2520 where the stock has opened gap down and 200 Daily moving averages are lying. During the week the stock manages to hit a high of 2320 and close the week around the levels of 2234.

Support for the stock lies in the zone of 2180 to 2200 where break out levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2050 to 2100 from where the stock broke out in the month of September-2017.

Minor resistance for the stock lies in the zone of 2270 to 2300. Resistance for the stock lies in the zone of 2350 to 2400 where short & medium term moving averages and Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 2500 to 2520 where the stock has opened gap down and 200 Daily moving averages are lying.

Broad range for the stock is seen from 2050 – 2100 on downside & 2350 – 2400 on upside.

Dr. Reddy Outlook for the Week (Nov 27, 2017 – Dec 01, 2017)

EquityPandit’s Outlook for Dr. Reddy for the week  (Nov 27, 2017 – Dec 01, 2017) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on negative note losing around 1.10%.

As we have mentioned last week, that resistance for the stock lies in the zone of 2350 to 2400 where short & medium term moving averages and Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 2500 to 2520 where the stock has opened gap down and 200 Daily moving averages are lying. During the week the stock manages to hit a high of 2494 and close the week around the levels of 2295.

Support for the stock lies in the zone of 2250 to 2280 where break out levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2050 to 2100 from where the stock broke out in the month of September-2017.

Resistance for the stock lies in the zone of 2350 to 2400 where short & medium term moving averages and Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 2500 to 2520 where the stock has opened gap down and 200 Daily moving averages are lying.

Broad range for the stock is seen from 2200 – 2230 on downside & 2450 – 2500 on upside.

Dr. Reddy Outlook for the Week (Nov 20, 2017 – Nov 24, 2017)

EquityPandit’s Outlook for Dr. Reddy for the week  (Nov 20, 2017 – Nov 24, 2017) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on negative note losing around 1.00%.

As we have mentioned last week, that support for the stock lies in the zone of 2300 to 2350 where break out levels and short term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2200 to 2250 where long term Fibonacci levels are lying. During the week the stock manages to hit a low of 2293 and close the week around the levels of 2322.

Support for the stock lies in the zone of 2250 to 2280 where break out levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2050 to 2100 from where the stock broke out in the month of September-2017.

Resistance for the stock lies in the zone of 2350 to 2400 where short & medium term moving averages and Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 2500 to 2520 where the stock has opened gap down and 200 Daily moving averages are lying.

Broad range for the stock is seen from 2200 – 2230 on downside & 2450 – 2500 on upside.

Dr. Reddy Outlook for the Week (Nov 13, 2017 – Nov 17, 2017)

EquityPandit’s Outlook for Dr. Reddy for the week  (Nov 13, 2017 – Nov 17, 2017) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on negative note losing around 2.90%.

As we have mentioned last week, that support for the stock lies in the zone of 2300 to 2350 where break out levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2200 to 2250 where long term Fibonacci levels are lying. During the week the stock manages to hit a low of 2337 and close the week around the levels of 2348.

Support for the stock lies in the zone of 2300 to 2350 where break out levels and short term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2200 to 2250 where long term Fibonacci levels are lying.

Minor resistance for the stock lies in the zone of 2400 to 2450. Resistance for the stock lies in the zone of 2500 to 2520 where the stock has opened gap down. If the stock manages to close above these levels then the stock can move to the levels of 2580 to 2600 where 200 daily moving averages are lying.

Broad range for the stock is seen from 2200 – 2230 on downside & 2500 – 2550 on upside.

Dr. Reddy Outlook for the Week (Nov 06, 2017 – Nov 10, 2017)

EquityPandit’s Outlook for Dr. Reddy for the week  (Nov 06, 2017 – Nov 10, 2017) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on positive note gaining around 1.00%.

As we have mentioned last week, that support for the stock lies in the zone of 2300 to 2350 where break out levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2200 to 2250 where long term Fibonacci levels are lying. During the week the stock manages to hit a low of 2348 and close the week around the levels of 2419.

Support for the stock lies in the zone of 2300 to 2350 where break out levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2200 to 2250 where long term Fibonacci levels are lying.

Minor resistance for the stock lies in the zone of 2400 to 2450. Resistance for the stock lies in the zone of 2500 to 2520 where the stock has opened gap down. If the stock manages to close above these levels then the stock can move to the levels of 2580 to 2600 where 200 daily moving averages are lying.

Broad range for the stock is seen from 2200 – 2230 on downside & 2600 – 2650 on upside.

Dr. Reddy Outlook for the Week (Oct 30, 2017 – Nov 03, 2017)

EquityPandit’s Outlook for Dr. Reddy for the week  (Oct 30, 2017 – Nov 03, 2017) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on positive note gaining around 0.90%.

As we have mentioned last week, that support for the stock lies in the zone of 2300 to 2350 where break out levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2200 to 2250 where long term Fibonacci levels are lying. During the week the stock manages to hit a low of 2315 and close the week around the levels of 2395.

Support for the stock lies in the zone of 2300 to 2350 where break out levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2200 to 2250 where long term Fibonacci levels are lying.

Minor resistance for the stock lies in the zone of 2400 to 2450. Resistance for the stock lies in the zone of 2500 to 2520 where the stock has opened gap down. If the stock manages to close above these levels then the stock can move to the levels of 2580 to 2600 where 200 daily moving averages are lying.

Broad range for the stock is seen from 2200 – 2230 on downside & 2600 – 2650 on upside.

Dr. Reddy Outlook for the Week (Oct 23, 2017 – Oct 27, 2017)

EquityPandit’s Outlook for Dr. Reddy for the week  (Oct 23, 2017 – Oct 27, 2017) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on positive note gaining around 0.80%.

As we have mentioned last week, that minor resistance for the stock lies in the zone of 2400 to 2450. Resistance for the stock lies in the zone of 2500 to 2520 where the stock has opened gap down. If the stock manages to close above these levels then the stock can move to the levels of 2600 to 2650 where 200 daily moving averages are lying. During the week the stock manages to hit a high of 2411 and close the week around the levels of 2373.

Support for the stock lies in the zone of 2300 to 2350 where break out levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2200 to 2250 where long term Fibonacci levels are lying.

Minor resistance for the stock lies in the zone of 2400 to 2450. Resistance for the stock lies in the zone of 2500 to 2520 where the stock has opened gap down. If the stock manages to close above these levels then the stock can move to the levels of 2600 to 2650 where 200 daily moving averages are lying.

Broad range for the stock is seen from 2200 – 2230 on downside & 2500 – 2550 on upside.

Dr. Reddy Outlook for the Week (Oct 16, 2017 – Oct 19, 2017)

EquityPandit’s Outlook for Dr. Reddy for the week  (Oct 16, 2017 – Oct 19, 2017) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on negative note losing around 0.90%.

As we have mentioned last week, that minor resistance for the stock lies in the zone of 2400 to 2450. Resistance for the stock lies in the zone of 2500 to 2520 where the stock has opened gap down. If the stock manages to close above these levels then the stock can move to the levels of 2600 to 2650 where 200 daily moving averages are lying. During the week the stock manages to hit a high of 2433 and close the week around the levels of 2354.

Support for the stock lies in the zone of 2300 to 2350 where break out levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2200 to 2250 where long term Fibonacci levels are lying.

Minor resistance for the stock lies in the zone of 2400 to 2450. Resistance for the stock lies in the zone of 2500 to 2520 where the stock has opened gap down. If the stock manages to close above these levels then the stock can move to the levels of 2600 to 2650 where 200 daily moving averages are lying.

Broad range for the stock is seen from 2200 – 2230 on downside & 2500 – 2550 on upside.

Dr. Reddy Outlook for the Week (Oct 09, 2017 – Oct 13, 2017)

EquityPandit’s Outlook for Dr. Reddy for the week  (Oct 09, 2017 – Oct 13, 2017) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on negative note losing around 2.00%.

As we have mentioned last week, that support for the stock lies in the zone of 2300 to 2350 where break out levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2200 to 2250 where long term Fibonacci levels are lying. During the week the stock manages to hit a low of 2320 and close the week around the levels of 2376.

Support for the stock lies in the zone of 2300 to 2350 where break out levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2200 to 2250 where long term Fibonacci levels are lying.

Minor resistance for the stock lies in the zone of 2400 to 2450. Resistance for the stock lies in the zone of 2500 to 2520 where the stock has opened gap down. If the stock manages to close above these levels then the stock can move to the levels of 2600 to 2650 where 200 daily moving averages are lying.

Broad range for the stock is seen from 2200 – 2230 on downside & 2500 – 2550 on upside.

Dr. Reddy Outlook for the Week (Oct 03, 2017 – Oct 06, 2017)

EquityPandit’s Outlook for Dr. Reddy for the week  (Oct 03, 2017 – Oct 06, 2017) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on negative note losing around 5.20%.

As we have mentioned last week, that minor support for the stock lies in the zone of 2400 to 2450. Support for the stock lies in the zone of 2300 to 2350 where short term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2200 to 2250 where long term Fibonacci levels are lying. During the week the stock manages to hit a low of 2272 and close the week around the levels of 2329.

Support for the stock lies in the zone of 2300 to 2350 where break out levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2200 to 2250 where long term Fibonacci levels are lying.

Minor resistance for the stock lies in the zone of 2400 to 2450. Resistance for the stock lies in the zone of 2550 to 2600 from where the stock has opened gap down. If the stock manages to close above these levels then the stock can move to the levels of 2650 to 2700 where 200 daily moving averages are lying.

Broad range for the stock is seen from 2200 – 2230 on downside & 2500 – 2550 on upside.

Dr. Reddy Outlook for the Week (Sep 25, 2017 – Sep 29, 2017)

EquityPandit’s Outlook for Dr. Reddy for the week  (Sep 25, 2017 – Sep 29, 2017) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on positive note gaining around 11.10%.

As we have mentioned last week, that minor support for the stock lies in the zone of 2150 to 2170. Support for the stock lies in the zone of 2050 to 2100 where break out levels for the stock is lying. If the stock manages to close below these levels then the stock can drift to the levels of 1900 to 1930 where long term Fibonacci levels are lying. During the week the stock manages to hit a low of 2176 and close the week around the levels of 2458.

Minor support for the stock lies in the zone of 2400 to 2450. Support for the stock lies in the zone of 2300 to 2350 where short term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2200 to 2250 where long term Fibonacci levels are lying.

Resistance for the stock lies in the zone of 2550 to 2600 from where the stock has opened gap down. If the stock manages to close above these levels then the stock can move to the levels of 2650 to 2700 where 200 daily moving averages are lying.

Broad range for the stock is seen from 2300 – 2330 on downside & 2600 – 2650 on upside.

Dr. Reddy Outlook for the Week (Sep 18, 2017 – Sep 22, 2017)

EquityPandit’s Outlook for Dr. Reddy for the week  (Sep 18, 2017 – Sep 22, 2017) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on positive note gaining around 2.20%.

As we have mentioned last week, that minor support for the stock lies in the zone of 2100 to 2150. Support for the stock lies in the zone of 2000 to 2030 where break out levels for the stock is lying. If the stock manages to close below these levels then the stock can drift to the levels of 1900 to 1930 where long term Fibonacci levels are lying. During the week the stock manages to hit a low of 2135 and close the week around the levels of 2211.

Minor support for the stock lies in the zone of 2150 to 2170. Support for the stock lies in the zone of 2050 to 2100 where break out levels for the stock is lying. If the stock manages to close below these levels then the stock can drift to the levels of 1900 to 1930 where long term Fibonacci levels are lying.

Resistance for the stock lies in the zone of 2200 to 2230 from where the stock broke down. If the stock manages to close above these levels then the stock can move to the levels of 2300 to 2330 where short term moving averages are lying.

Broad range for the stock is seen from 2100 – 2130 on downside & 2330 – 2350 on upside.

Dr. Reddy Outlook for the Week (Sep 11, 2017 – Sep 15, 2017)

EquityPandit’s Outlook for Dr. Reddy for the week  (Sep 11, 2017 – Sep 15, 2017) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on negative note losing around 2.50%.

As we have mentioned last week, that resistance for the stock lies in the zone of 2200 to 2230 from where the stock broke down. If the stock manages to close above these levels then the stock can move to the levels of 2370 to 2400 where Fibonacci level and short term moving averages are lying. During the week the stock manages to hit a high of 2236 and close the week around the levels of 2162.

Minor support for the stock lies in the zone of 2100 to 2150. Support for the stock lies in the zone of 2000 to 2030 where break out levels for the stock is lying. If the stock manages to close below these levels then the stock can drift to the levels of 1900 to 1930 where long term Fibonacci levels are lying.

Resistance for the stock lies in the zone of 2200 to 2230 from where the stock broke down. If the stock manages to close above these levels then the stock can move to the levels of 2370 to 2400 where Fibonacci level and short term moving averages are lying.

Broad range for the stock is seen from 2000 – 2050 on downside & 2350 – 2400 on upside.

Dr. Reddy Outlook for the Week (Sep 04, 2017 – Sep 08, 2017)

EquityPandit’s Outlook for Dr. Reddy for the week  (Sep 04, 2017 – Sep 08, 2017) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on positive note gaining around 6.20%.

As we have mentioned last week, that resistance for the stock lies in the zone of 2200 to 2230 from where the stock broke down. If the stock manages to close above these levels then the stock can move to the levels of 2370 to 2400 where Fibonacci level is lying. During the week the stock manages to hit a high of 2233 and close the week around the levels of 2218.

Minor support for the stock lies in the zone of 2100 to 2150. Support for the stock lies in the zone of 2000 to 2030 where break out levels for the stock is lying. If the stock manages to close below these levels then the stock can drift to the levels of 1900 to 1930 where long term Fibonacci levels are lying.

Resistance for the stock lies in the zone of 2200 to 2230 from where the stock broke down. If the stock manages to close above these levels then the stock can move to the levels of 2370 to 2400 where Fibonacci level and short term moving averages are lying.

Broad range for the stock is seen from 2000 – 2050 on downside & 2350 – 2400 on upside.

Dr. Reddy Outlook for the Week (Aug 28, 2017 – Sep 01, 2017)

EquityPandit’s Outlook for Dr. Reddy for the week  (Aug 28, 2017 – Sep 01, 2017) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on positive note gaining around 5.40%.

As we have mentioned last week, that support for the stock lies in the zone of 1900 to 1930 where long term Fibonacci levels are lying. If the stock manages to close below these levels then the stock can witness a freefall and the stock can drift to the levels of 1800 to 1820 from where the stock broke out of 2 years of consolidation from the year 2010 to 2012. During the week the stock manages to hit a low of 1921 and close the week around the levels of 2088.

Minor support for the stock lies in the zone of 2000 to 2030. Support for the stock lies in the zone of 1900 to 1930 where long term Fibonacci levels are lying. If the stock manages to close below these levels then the stock can witness a freefall and the stock can drift to the levels of 1800 to 1820 from where the stock broke out of 2 years of consolidation from the year 2010 to 2012.

Resistance for the stock lies in the zone of 2200 to 2230 from where the stock broke down. If the stock manages to close above these levels then the stock can move to the levels of 2370 to 2400 where Fibonacci level is lying.

Broad range for the stock is seen from 1950 – 2000 on downside & 2200 – 2250 on upside.

Dr. Reddy Outlook for the Week (Aug 21, 2017 – Aug 25, 2017)

EquityPandit’s Outlook for Dr. Reddy for the week  (Aug 21, 2017 – Aug 25, 2017) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on negative note losing around 1.40%.

As we have mentioned last week, that minor resistance for the stock lies in the zone of 2050 to 2070. Resistance for the stock lies in the zone of 2200 to 2230 from where the stock broke down. If the stock manages to close above these levels then the stock can move to the levels of 2370 to 2400 where Fibonacci level is lying. During the week the stock manages to hit a high of 2040 and close the week around the levels of 1982.

Support for the stock lies in the zone of 1900 to 1930 where long term Fibonacci levels are lying. If the stock manages to close below these levels then the stock can witness a freefall and the stock can drift to the levels of 1800 to 1820 from where the stock broke out of 2 years of consolidation from the year 2010 to 2012.

Minor resistance for the stock lies in the zone of 2050 to 2070. Resistance for the stock lies in the zone of 2200 to 2230 from where the stock broke down. If the stock manages to close above these levels then the stock can move to the levels of 2370 to 2400 where Fibonacci level is lying.

Broad range for the stock is seen from 1800 – 1850 on downside & 2200 – 2250 on upside.

Dr. Reddy Outlook for the Week (Aug 14, 2017 – Aug 18, 2017)

EquityPandit’s Outlook for Dr. Reddy for the week  (Aug 14, 2017 – Aug 18, 2017) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on negative note losing around 10.20%.

As we have mentioned last week, that support for the stock lies in the zone of 2200 to 2230 where the stock has formed a bottom in the month of May-2014. If the stock manages to close below these levels then the stock can witness a freefall and the stock can drift to the levels of 1900 to 1930 where long term Fibonacci levels are lying. During the week the stock manages to hit a low of 1901 and close the week around the levels of 2011.

Support for the stock lies in the zone of 1900 to 1930 where long term Fibonacci levels are lying. If the stock manages to close below these levels then the stock can witness a freefall and the stock can drift to the levels of 1800 to 1820 from where the stock broke out of 2 years of consolidation from the year 2010 to 2012.

Minor resistance for the stock lies in the zone of 2050 to 2070. Resistance for the stock lies in the zone of 2200 to 2230 from where the stock broke down. If the stock manages to close above these levels then the stock can move to the levels of 2370 to 2400 where Fibonacci level is lying.

Broad range for the stock is seen from 1800 – 1850 on downside & 2200 – 2250 on upside.

Dr. Reddy Outlook for the Week (Aug 07, 2017 – Aug 11, 2017)

EquityPandit’s Outlook for Dr. Reddy for the week  (Aug 07, 2017 – Aug 11, 2017) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on negative note losing around 9.10%.

As we have mentioned last week, that support for the stock lies in the zone of 2370 to 2400 where the stock has formed a bottom in the month of May-2017. If the stock manages to close below these levels then the stock can drift to the levels of 2300 to 2330. During the week the stock manages to hit a low of 2230 and close the week around the levels of 2240.

Support for the stock lies in the zone of 2200 to 2230 where the stock has formed a bottom in the month of May-2014. If the stock manages to close below these levels then the stock can witness a freefall and the stock can drift to the levels of 1900 to 1930 where long term Fibonacci levels are lying.

Minor resistance for the stock lies in the zone of 2300 to 2310. Resistance for the stock lies in the zone of 2350 to 2370 where Fibonacci levels and bottom for the month of May-2017 are lying. If the stock manages to close above these levels then the stock can move to the levels of 2450 to 2500 where the stock has opened gap down.

Broad range for the stock is seen from 2000 – 2050 on downside & 2350 – 2400 on upside.

Dr. Reddy Outlook for the Week (July 31, 2017 – Aug 04, 2017)

EquityPandit’s Outlook for Dr. Reddy for the week  (July 31, 2017 – Aug 04, 2017) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on negative note losing around 10.80%.

As we have mentioned last week, that resistance for the stock lies in the zone of 2750 to 2780 where the stock has formed a double top pattern. If the stock manages to close above these levels then the stock can move to the levels of 2820 to 2850 where Fibonacci levels are lying. During the week the stock manages to hit a high of 2787 and close the week around the levels of 2465.

Support for the stock lies in the zone of 2370 to 2400 where the stock has formed a bottom in the month of May-2017. If the stock manages to close below these levels then the stock can drift to the levels of 2300 to 2330.

Resistance for the stock lies in the zone of 2480 to 2500 where the stock has opened gap down. If the stock manages to close above these levels then the stock can move to the levels of 2580 to 2600.

Broad range for the stock is seen from 2350 – 2380 on downside & 2580 – 2600 on upside.

Dr. Reddy Outlook for the Week (July 24, 2017 – July 28, 2017)

EquityPandit’s Outlook for Dr. Reddy for the week  (July 24, 2017 – July 28, 2017) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on positive note gaining around 2.40%.

As we have mentioned last week that minor support for the stock lies in the zone of 2670 to 2680. Support for the stock lies in the zone of 2610 to 2640 where Fibonacci levels and short term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2550 to 2580 where break out levels for the stock is lying. During the week the stock manages to hit a low of 2682 and close the week around the levels of 2762.

Minor support for the stock lies in the zone of 2700 to 2730. Support for the stock lies in the zone of 2630 to 2650 where Fibonacci levels and short and medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2550 to 2580 where break out levels for the stock is lying.

Resistance for the stock lies in the zone of 2750 to 2780 where the stock has formed a double top pattern. If the stock manages to close above these levels then the stock can move to the levels of 2820 to 2850 where Fibonacci levels are lying.

Broad range for the stock is seen from 2650 – 2680 on downside & 2820 – 2850 on upside.

Dr. Reddy Outlook for the Week (July 17, 2017 – July 21, 2017)

EquityPandit’s Outlook for Dr. Reddy for the week  (July 17, 2017 – July 21, 2017) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on absolutely flat note.

As we have mentioned last week that minor support for the stock lies in the zone of 2670 to 2680. Support for the stock lies in the zone of 2610 to 2640 where Fibonacci levels and short term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2550 to 2580 where break out levels for the stock is lying. During the week the stock manages to hit a low of 2669 and close the week around the levels of 2703.

Minor support for the stock lies in the zone of 2670 to 2680. Support for the stock lies in the zone of 2610 to 2640 where Fibonacci levels and short term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2550 to 2580 where break out levels for the stock is lying.

Resistance for the stock lies in the zone of 2730 to 2760 where the stock has formed a double top pattern. If the stock manages to close above these levels then the stock can move to the levels of 2820 to 2850 where Fibonacci levels are lying.

Broad range for the stock is seen from 2580 – 2600 on downside & 2800 – 2820 on upside.

Dr. Reddy Outlook for the Week (July 10, 2017 – July 14, 2017)

EquityPandit’s Outlook for Dr. Reddy for the week  (July 10, 2017 – July 14, 2017) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on positive note gaining around 0.60%.

As we have mentioned last week that minor support for the stock lies in the zone of 2660 to 2670. Support for the stock lies in the zone of 2610 to 2640 where Fibonacci levels and short term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2550 to 2580 where break out levels for the stock is lying. During the week the stock manages to hit a low of 2610 and close the week around the levels of 2705.

Minor support for the stock lies in the zone of 2670 to 2680. Support for the stock lies in the zone of 2610 to 2640 where Fibonacci levels and short term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2550 to 2580 where break out levels for the stock is lying.

Resistance for the stock lies in the zone of 2730 to 2760 where the stock has formed a double top pattern. If the stock manages to close above these levels then the stock can move to the levels of 2820 to 2850 where Fibonacci levels are lying.

Broad range for the stock is seen from 2580 – 2600 on downside & 2800 – 2820 on upside.

Dr. Reddy Outlook for the Week (July 03, 2017 – July 07, 2017)

EquityPandit’s Outlook for Dr. Reddy for the week  (July 03, 2017 – July 07, 2017) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on positive note gaining around 1.70%.

As we have mentioned last week that support for the stock lies in the zone of 2610 to 2640 where Fibonacci levels and short term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2550 to 2580 where break out levels for the stock is lying. Long term support for the stock lies in the zone of 2200 to 2300 where the stock has taken support in the month of May-2014. During the week the stock manages to hit a low of 2625 and close the week around the levels of 2690.

Minor support for the stock lies in the zone of 2660 to 2670. Support for the stock lies in the zone of 2610 to 2640 where Fibonacci levels and short term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2550 to 2580 where break out levels for the stock is lying.

Resistance for the stock lies in the zone of 2730 to 2760 where the stock has formed a double top pattern. If the stock manages to close above these levels then the stock can move to the levels of 2820 to 2850 where Fibonacci levels are lying.

Broad range for the stock is seen from 2580 – 2600 on downside & 2800 – 2820 on upside.

Dr. Reddy Outlook for the Week (June 27, 2017 – June 30, 2017)

EquityPandit’s Outlook for Dr. Reddy for the week  (June 27, 2017 – June 30, 2017) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on negative note losing around 1.40%.

As we have mentioned last week that support for the stock lies in the zone of 2610 to 2640 where Fibonacci levels and short term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2550 to 2580 where break out levels for the stock is lying. Long term support for the stock lies in the zone of 2200 to 2300 where the stock has taken support in the month of May-2014. During the week the stock manages to hit a low of 2615 and close the week around the levels of 2644.

Support for the stock lies in the zone of 2610 to 2640 where Fibonacci levels and short term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2550 to 2580 where break out levels for the stock is lying. Long term support for the stock lies in the zone of 2200 to 2300 where the stock has taken support in the month of May-2014.

Minor resistance for the stock lies in the zone of 2680 to 2700. Resistance for the stock lies in the zone of 2730 to 2760 where the stock has formed a double top pattern. If the stock manages to close above these levels then the stock can move to the levels of 2820 to 2850 where Fibonacci levels are lying.

Broad range for the stock is seen from 2500 – 2550 on downside & 2750 – 2800 on upside.

Dr. Reddy Outlook for the Week (June 19, 2017 – June 23, 2017)

EquityPandit’s Outlook for Dr. Reddy for the week  (June 19, 2017 – June 23, 2017) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on positive note gaining around 2.00%.

As we have mentioned last week that resistance for the stock lies in the zone of 2640 to 2660 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 2730 to 2760 where the stock has formed a double top pattern. During the week the stock manages to hit a high of 2721 and close the week around the levels of 2683.

Support for the stock lies in the zone of 2610 to 2640 where Fibonacci levels and short term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2550 to 2580 where break out levels for the stock is lying. Long term support for the stock lies in the zone of 2200 to 2300 where the stock has taken support in the month of May-2014.

Resistance for the stock lies in the zone of 2730 to 2760 where the stock has formed a double top pattern. If the stock manages to close above these levels then the stock can move to the levels of 2820 to 2850 where Fibonacci levels are lying.

Broad range for the stock is seen from 2550 – 2580 on downside & 2760 – 2780 on upside.

Dr. Reddy Outlook for the Week (June 12, 2017 – June 16, 2017)

EquityPandit’s Outlook for Dr. Reddy for the week  (June 12, 2017 – June 16, 2017) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on positive note gaining around 2.90%.

As we have mentioned last week that resistance for the stock lies in the zone of 2550 to 2570 from where the stock broke down. If the stock manages to close above these levels then the stock can move to the levels of 2620 to 2650 where Fibonacci levels are lying. During the week the stock manages to hit a high of 2666 and close the week around the levels of 2629.

Minor support for the stock lies in the zone of 2550 to 2570. Support for the stock lies in the zone of 2370 to 2400 where long term Fibonacci levels are lying. Long term support for the stock lies in the zone of 2200 to 2300 where the stock has taken support in the month of May-2014. If the stock manages to close below these levels then the stock can drift to the levels of 1800 to 1900.

Resistance for the stock lies in the zone of 2640 to 2660 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 2730 to 2760 where the stock has formed a double top pattern.

Broad range for the stock is seen from 2500 – 2530 on downside & 2730 – 2760 on upside.

Dr. Reddy Outlook for the Week (June 05, 2017 – June 09, 2017)

EquityPandit’s Outlook for Dr. Reddy for the week  (June 05, 2017 – June 09, 2017) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on positive note gaining around 5.80%.

As we have mentioned last week that support for the stock lies in the zone of 2370 to 2400 where long term Fibonacci levels are lying. Long term support for the stock lies in the zone of 2200 to 2300 where the stock has taken support in the month of May-2014. If the stock manages to close below these levels then the stock can drift to the levels of 1800 to 1900. During the week the stock manages to hit a low of 2380 and close the week around the levels of 2555.

Minor support for the stock lies in the zone of 2480 to 2500. Support for the stock lies in the zone of 2370 to 2400 where long term Fibonacci levels are lying. Long term support for the stock lies in the zone of 2200 to 2300 where the stock has taken support in the month of May-2014. If the stock manages to close below these levels then the stock can drift to the levels of 1800 to 1900.

Resistance for the stock lies in the zone of 2550 to 2570 from where the stock broke down. If the stock manages to close above these levels then the stock can move to the levels of 2620 to 2650 where Fibonacci levels are lying.

Broad range for the stock is seen from 2400 – 2450 on downside & 2650 – 2680 on upside.

Dr. Reddy Outlook for the Week (May 29, 2017 – June 02, 2017)

EquityPandit’s Outlook for Dr. Reddy for the week  (May 29, 2017 – June 02, 2017) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on negative note losing around 9.10%.

As we have mentioned last week that support for the stock lies in the zone of 2620 to 2640. If the stock manages to close below these levels then the stock can drift to the levels of 2520 to 2560 where the stock has formed a short term bottom. Long term support for the stock lies in the zone of 2200 to 2300 where the stock has taken support in the month of May-2014. During the week the stock manages to hit a low of 2398 and close the week around the levels of 2414.

Support for the stock lies in the zone of 2370 to 2400 where long term Fibonacci levels are lying. Long term support for the stock lies in the zone of 2200 to 2300 where the stock has taken support in the month of May-2014. If the stock manages to close below these levels then the stock can drift to the levels of 1800 to 1900.

Resistance for the stock lies in the zone of 2520 to 2550 from where the stock broke down. If the stock manages to close above these levels then the stock can move to the levels of 2600 to 2640 where Fibonacci levels are lying.

Broad range for the stock is seen from 2250 – 2300 on downside & 2550 – 2580 on upside.

Dr. Reddy Outlook for the Week (May 22, 2017 – May 26, 2017)

EquityPandit’s Outlook for Dr. Reddy for the week  (May 22, 2017 – May 26, 2017) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on positive note gaining around 2.90%.

As we have mentioned last week that minor resistance for the stock lies in the zone of 2600 to 2620. Resistance for the stock lies in the zone of 2660 to 2700 from where the stock broke down. If the stock manages to close above these levels then the stock can move to the levels of 2750 to 2780 where the stock opened gap down on 09/03/2017. During the week the stock manages to hit a high of 2760 and close the week around the levels of 2656.

Support for the stock lies in the zone of 2620 to 2640. If the stock manages to close below these levels then the stock can drift to the levels of 2520 to 2560 where the stock has formed a short term bottom. Long term support for the stock lies in the zone of 2200 to 2300 where the stock has taken support in the month of May-2014.

Resistance for the stock lies in the zone of 2660 to 2700 from where the stock broke down. If the stock manages to close above these levels then the stock can move to the levels of 2750 to 2780 where the stock opened gap down on 09/03/2017.

Broad range for the stock is seen from 2550 – 2580 on downside & 2750 – 2780 on upside.

Dr. Reddy Outlook for the Week (May 15, 2017 – May 19, 2017)

EquityPandit’s Outlook for Dr. Reddy for the week  (May 15, 2017 – May 19, 2017) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on negative note losing around 0.80%.

As we have mentioned last week that as stock is trading below major support zone, no support for the stock is visible. Support for the stock lies in the zone of 2520 to 2560. Long term support for the stock lies in the zone of 2200 to 2300 where the stock has taken support in the month of May-2014. During the week the stock manages to hit a low of 2522 and close the week around the levels of 2581.

As stock is trading below major support zone, no support for the stock is visible. Support for the stock lies in the zone of 2520 to 2560. Long term support for the stock lies in the zone of 2200 to 2300 where the stock has taken support in the month of May-2014.

Minor resistance for the stock lies in the zone of 2600 to 2620. Resistance for the stock lies in the zone of 2660 to 2700 from where the stock broke down. If the stock manages to close above these levels then the stock can move to the levels of 2750 to 2780 where the stock opened gap down on 09/03/2017.

Broad range for the stock is seen from 2500 – 2530 on downside & 2700 – 2730 on upside.

Dr. Reddy Outlook for the Week (May 08, 2017 – May 12, 2017)

EquityPandit’s Outlook for Dr. Reddy for the week  (May 08, 2017 – May 12, 2017) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on absolutely flat note.

As we have mentioned last week that minor support for the stock lies in the zone of 2550 to 2600. As stock is trading below major support zone, no support for the stock is visible. Support for the stock lies in the zone of 2520 to 2560. Long term support for the stock lies in the zone of 2200 to 2300 where the stock has taken support in the month of May-2014. During the week the stock manages to hit a low of 2566 and close the week around the levels of 2603.

As stock is trading below major support zone, no support for the stock is visible. Support for the stock lies in the zone of 2520 to 2560. Long term support for the stock lies in the zone of 2200 to 2300 where the stock has taken support in the month of May-2014.

Resistance for the stock lies in the zone of 2660 to 2700 from where the stock broke down. If the stock manages to close above these levels then the stock can move to the levels of 2750 to 2780 where the stock opened gap down on 09/03/2017.

Broad range for the stock is seen from 2500 – 2530 on downside & 2700 – 2730 on upside.

Dr. Reddy Outlook for the Week (May 02, 2017 – May 05, 2017)

EquityPandit’s Outlook for Dr. Reddy for the week  (May 02, 2017 – May 05, 2017) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on negative note losing around 0.40%.

As we have mentioned last week that resistance for the stock lies in the zone of 2660 to 2700 from where the stock broke down. If the stock manages to close above these levels then the stock can move to the levels of 2750 to 2780 where the stock opened gap down on 09/03/2017. During the week the stock manages to hit a high of 2652 and close the week around the levels of 2599.

Minor support for the stock lies in the zone of 2550 to 2600. As stock is trading below major support zone, no support for the stock is visible. Support for the stock lies in the zone of 2520 to 2560. Long term support for the stock lies in the zone of 2200 to 2300 where the stock has taken support in the month of May-2014.

Resistance for the stock lies in the zone of 2660 to 2700 from where the stock broke down. If the stock manages to close above these levels then the stock can move to the levels of 2750 to 2780 where the stock opened gap down on 09/03/2017.

Broad range for the stock is seen from 2500 – 2530 on downside & 2700 – 2730 on upside.

Dr. Reddy Outlook for the Week (April 24, 2017 – April 28, 2017)

EquityPandit’s Outlook for Dr. Reddy for the week  (April 24, 2017 – April 28, 2017) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on negative note losing around 1.20%.

As we have mentioned last week that resistance for the stock lies in the zone of 2660 to 2700 from where the stock broke down. If the stock manages to close above these levels then the stock can move to the levels of 2750 to 2780 where the stock opened gap down on 09/03/2017. During the week the stock manages to hit a high of 2723 and close the week around the levels of 2610.

Minor support for the stock lies in the zone of 2600 to 2640. As stock is trading below major support zone, no support for the stock is visible. Support for the stock lies in the zone of 2520 to 2560. Long term support for the stock lies in the zone of 2200 to 2300 where the stock has taken support in the month of May-2014.

Resistance for the stock lies in the zone of 2660 to 2700 from where the stock broke down. If the stock manages to close above these levels then the stock can move to the levels of 2750 to 2780 where the stock opened gap down on 09/03/2017.

Broad range for the stock is seen from 2500 – 2530 on downside & 2700 – 2730 on upside.

Dr. Reddy Outlook for the Week (April 17, 2017 – April 21, 2017)

EquityPandit’s Outlook for Dr. Reddy for the week  (April 17, 2017 – April 21, 2017) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on negative note losing around 0.80%.

As we have mentioned last week that minor support for the stock lies in the zone of 2600 to 2640. As stock is trading below major support zone, no support for the stock is visible. Support for the stock lies in the zone of 2520 to 2560. Long term support for the stock lies in the zone of 2200 to 2300 where the stock has taken support in the month of May-2014. During the week the stock manages to hit a low of 2615 and close the week around the levels of 2641.

Minor support for the stock lies in the zone of 2600 to 2640. As stock is trading below major support zone, no support for the stock is visible. Support for the stock lies in the zone of 2520 to 2560. Long term support for the stock lies in the zone of 2200 to 2300 where the stock has taken support in the month of May-2014.

Resistance for the stock lies in the zone of 2660 to 2700 from where the stock broke down. If the stock manages to close above these levels then the stock can move to the levels of 2750 to 2780 where the stock opened gap down on 09/03/2017.

Broad range for the stock is seen from 2500 – 2550 on downside & 2750 – 2770 on upside.

Dr. Reddy Outlook for the Week (April 10, 2017 – April 13, 2017)

EquityPandit’s Outlook for Dr. Reddy for the week  (April 10, 2017 – April 13, 2017) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on positive note gaining around 1.10%.

As we have mentioned last week that resistance for the stock lies in the zone of 2660 to 2700 from where the stock broke down. If the stock manages to close above these levels then the stock can move to the levels of 2750 to 2780 where the stock opened gap down on 09/03/2017. During the week the stock manages to hit a high of 2770 and close the week around the levels of 2661.

Minor support for the stock lies in the zone of 2600 to 2640. As stock is trading below major support zone, no support for the stock is visible. Support for the stock lies in the zone of 2520 to 2560. Long term support for the stock lies in the zone of 2200 to 2300 where the stock has taken support in the month of May-2014.

Resistance for the stock lies in the zone of 2660 to 2700 from where the stock broke down. If the stock manages to close above these levels then the stock can move to the levels of 2750 to 2780 where the stock opened gap down on 09/03/2017.

Broad range for the stock is seen from 2500 – 2550 on downside & 2750 – 2770 on upside.

Dr. Reddy Outlook for the Week (April 03, 2017 – April 07, 2017)

EquityPandit’s Outlook for Dr. Reddy for the week  (April 03, 2017 – April 07, 2017) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on absolutely flat note.

As we have mentioned last week that resistance for the stock lies in the zone of 2660 to 2700 from where the stock broke down. If the stock manages to close above these levels then the stock can move to the levels of 2750 to 2780 where the stock opened gap down on 09/03/2017. During the week the stock manages to hit a high of 2649 and close the week around the levels of 2632.

As stock is trading below major support zone, no support for the stock is visible. Support for the stock lies in the zone of 2520 to 2560. Long term support for the stock lies in the zone of 2200 to 2300 where the stock has taken support in the month of May-2014.

Resistance for the stock lies in the zone of 2660 to 2700 from where the stock broke down. If the stock manages to close above these levels then the stock can move to the levels of 2750 to 2780 where the stock opened gap down on 09/03/2017.

Broad range for the stock is seen from 2500 – 2550 on downside & 2700 – 2720 on upside.

Dr. Reddy Outlook for the Week (March 27, 2017 – March 31, 2017)

EquityPandit’s Outlook for Dr. Reddy for the week (March 27, 2017 – March 31, 2017) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on negative note losing around 4.00%.

As we have mentioned last week that support for the stock lies in the zone of 2700 to 2730. As stock is trading below major support zone, no support for the stock is visible. Support for the stock lies in the zone of 2640 to 2650. Long term support for the stock lies in the zone of 2200 to 2300 where the stock has taken support in the month of May-2014. During the week the stock manages to hit a low of 2555 and close the week around the levels of 2628.

As stock is trading below major support zone, no support for the stock is visible. Support for the stock lies in the zone of 2520 to 2560. Long term support for the stock lies in the zone of 2200 to 2300 where the stock has taken support in the month of May-2014.

Resistance for the stock lies in the zone of 2660 to 2700 from where the stock broke down. If the stock manages to close above these levels then the stock can move to the levels of 2750 to 2780 where the stock opened gap down on 09/03/2017.

Broad range for the stock is seen from 2500 – 2550 on downside & 2700 – 2720 on upside.

Dr. Reddy Outlook for the Week (March 20, 2017 – March 24, 2017)

EquityPandit’s Outlook for Dr. Reddy for the week (March 20, 2017 – March 24, 2017) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on positive note gaining around 0.75%.

As we have mentioned last week that support for the stock lies in the zone of 2700 to 2730. As stock is trading below major support zone, no support for the stock is visible. Support for the stock lies in the zone of 2640 to 2650. Long term support for the stock lies in the zone of 2200 to 2300 where the stock has taken support in the month of May-2014. During the week the stock manages to hit a low of 2717 and close the week around the levels of 2736.

Support for the stock lies in the zone of 2700 to 2730. As stock is trading below major support zone, no support for the stock is visible. Support for the stock lies in the zone of 2640 to 2650. Long term support for the stock lies in the zone of 2200 to 2300 where the stock has taken support in the month of May-2014.

Resistance for the stock lies in the zone of 2780 to 2800 where the stock has opened gap down. If the stock manages to close above these levels then the stock can move to the levels of 2830 to 2840 from where the stock broke down after consolidation.

Broad range for the stock is seen from 2640 – 2650 on downside to 2800 – 2820 on upside.

Dr. Reddy Outlook for the Week (March 14, 2017 – March 17, 2017)

EquityPandit’s Outlook for Dr. Reddy for the week (March 14, 2017 – March 17, 2017) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on negative note losing around 5.40%.

As we have mentioned last week that support for the stock lies in the zone of 2820 to 2840 levels where the stock has taken multiple support in the month of February-2016 & May-2016 and Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2700 to 2730. During the week the stock manages to hit a low of 2700 and close the week around the levels of 2716.

Support for the stock lies in the zone of 2700 to 2730. As stock is trading below major support zone, no support for the stock is visible. Support for the stock lies in the zone of 2640 to 2650. Long term support for the stock lies in the zone of 2200 to 2300 where the stock has taken support in the month of May-2014.

Minor resistance for the stock lies in the zone of 2735 to 2745. Resistance for the stock lies in the zone of 2780 to 2800 where the stock has opened gap down. If the stock manages to close above these levels then the stock can move to the levels of 2830 to 2840 from where the stock broke down after consolidation.

Broad range for the stock is seen from 2640 – 2650 on downside to 2800 – 2820 on upside.

Dr. Reddy Outlook for the Week (March 06, 2017 – March 10, 2017)

EquityPandit’s Outlook for Dr. Reddy for the week (March 06, 2017 – March 10, 2017) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on negative note losing around 0.60%.

As we have mentioned last week that support for the stock lies in the zone of 2880 to 2900 from where the stock has bounced in the month of July-2016 and January-2017. If the stock manages to close below these levels then the stock can drift to the levels of 2820 to 2840 levels where the stock has taken multiple support in the month of February-2016 and May-2016. During the week the stock manages to hit a low of 2845 and close the week around the levels of 2871.

Support for the stock lies in the zone of 2820 to 2840 levels where the stock has taken multiple support in the month of February-2016 & May-2016 and Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2700 to 2730.

Minor resistance for the stock lies in the zone of 2930 to 2950. Resistance for the stock lies in the zone of 3020 to 3050 from where the stock broke down on intraday basis and Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 3100 to 3130 where 200 Daily SMA is lying.

Broad range for the stock is seen from 2790 – 2810 on downside to 2970 – 3000 on upside.

Dr. Reddy Outlook for the Week (February 27, 2017 – March 03, 2017)

EquityPandit’s Outlook for Dr. Reddy for the week (February 27, 2017 – March 03, 2017) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on negative note losing around 0.90%.

As we have mentioned last week that minor resistance for the stock lies in the zone of 2950 to 2970. Resistance for the stock lies in the zone of 3020 to 3050 from where the stock broke down on intraday basis. If the stock manages to close above these levels then the stock can move to the levels of 3100 to 3130 where 200 Daily SMA is lying. During the week the stock manages to hit a high of 2935 and close the week around the levels of 2887.

Support for the stock lies in the zone of 2880 to 2900 from where the stock has bounced in the month of July-2016 and January-2017. If the stock manages to close below these levels then the stock can drift to the levels of 2820 to 2840 levels where the stock has taken multiple support in the month of February-2016 and May-2016.

Minor resistance for the stock lies in the zone of 2950 to 2970. Resistance for the stock lies in the zone of 3020 to 3050 from where the stock broke down on intraday basis. If the stock manages to close above these levels then the stock can move to the levels of 3100 to 3130 where 200 Daily SMA is lying.

Broad range for the stock is seen from 2790 – 2810 on downside to 2970 – 3000 on upside.

Dr. Reddy Outlook for the Week (February 20, 2017 – February 24, 2017)

EquityPandit’s Outlook for Dr. Reddy for the week (February 20, 2017 – February 24, 2017) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on negative note losing around 2.10%.

As we have mentioned last week that support for the stock lies in the zone of 2900 to 2930 from where the stock has bounced in the month of July-2016 and January-2017. If the stock manages to close below these levels then the stock can drift to the levels of 2820 to 2840 levels where the stock has taken multiple support in the month of February-2016 and May-2016. During the week the stock manages to hit a low of 2799 and close the week around the levels of 2913.

Support for the stock lies in the zone of 2900 to 2920 from where the stock has bounced in the month of July-2016 and January-2017. If the stock manages to close below these levels then the stock can drift to the levels of 2820 to 2840 levels where the stock has taken multiple support in the month of February-2016 and May-2016.

Minor resistance for the stock lies in the zone of 2950 to 2970. Resistance for the stock lies in the zone of 3020 to 3050 from where the stock broke down on intraday basis. If the stock manages to close above these levels then the stock can move to the levels of 3100 to 3130 where 200 Daily SMA is lying.

Broad range for the stock is seen from 2790 – 2810 on downside to 3000 – 3020 on upside.

Dr. Reddy Outlook for the Week (February 13, 2017 – February 17, 2017)

EquityPandit’s Outlook for Dr. Reddy for the week (February 13, 2017 – February 17, 2017) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on negative note losing around 5.40%.

As we have mentioned last week that resistance for the stock lies in the zone of 3200 to 3220 where the stock has formed a top in the month of January-2017 and Fibonacci level is lying. If the stock manages to close above these levels then the stock can move to the levels of 3330 to 3350 from where the stock sold off in the month of November-2016. During the week the stock manages to hit a high of 3177 and close the week around the levels of 2976.

Support for the stock lies in the zone of 2900 to 2930 from where the stock has bounced in the month of July-2016 and January-2017. If the stock manages to close below these levels then the stock can drift to the levels of 2820 to 2840 levels where the stock has taken multiple support in the month of February-2016 and May-2016.

Resistance for the stock lies in the zone of 3030 to 3050 from where the stock broke down on intraday basis. If the stock manages to close above these levels then the stock can move to the levels of 3100 to 3130 where 200 Daily SMA is lying.

Broad range for the stock is seen from 2850 – 2880 on downside to 3100 – 3130 on upside.

Dr. Reddy Outlook for the Week (February 06, 2017 – February 10, 2017)

EquityPandit’s Outlook for Dr. Reddy for the week (February 06, 2017 – February 10, 2017) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on positive note gaining around 5.00%.

As we have mentioned last week that minor support for the stock lies in the zone of 2950 to 2960. Support for the stock lies in the zone of 2910 to 2930 where the stock has formed a bottom in the month of July-2016. If the stock manages to close below these levels then the stock can drift to the levels of 2800 to 2830 where the stock has formed a bottom in the month of May-2016. During the week the stock manages to hit a low of 2944 and close the week around the levels of 3145.

Support for the stock lies in the zone of 3080 to 3110 where Fibonacci level and short term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 3020 to 3050 where Fibonacci level and also the stock has broken out on intraday basis.

Resistance for the stock lies in the zone of 3200 to 3220 where the stock has formed a top in the month of January-2017 and Fibonacci level is lying. If the stock manages to close above these levels then the stock can move to the levels of 3330 to 3350 from where the stock sold off in the month of November-2016.

Broad range for the stock is seen from 3000 – 3050 on downside to 3250 – 3300 on upside.

Dr. Reddy Outlook for the Week (January 30, 2017 – February 03, 2017)

EquityPandit’s Outlook for Dr. Reddy for the week (January 30, 2017 – February 03, 2017) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on positive note gaining around 1.60%.

As we have mentioned last week that minor resistance for the stock lies in the zone of 2970 to 2980. Resistance for the stock lies in the zone of 3020 to 3040 where Fibonacci level is lying. If the stock manages to close above these levels then the stock can move to the levels of 3080 to 3100 from where the stock has broken down on intraday basis. During the week the stock manages to hit a high of 3012 and close the week around the levels of 2995.

Minor support for the stock lies in the zone of 2950 to 2960. Support for the stock lies in the zone of 2910 to 2930 where the stock has formed a bottom in the month of July-2016. If the stock manages to close below these levels then the stock can drift to the levels of 2800 to 2830 where the stock has formed a bottom in the month of May-2016.

Resistance for the stock lies in the zone of 3020 to 3040 where Fibonacci level is lying. If the stock manages to close above these levels then the stock can move to the levels of 3080 to 3100 from where the stock has broken down on intraday basis and Fibonacci level is lying.

Broad range for the stock is seen from 2920 – 2930 on downside to 3080 – 3100 on upside.

Dr. Reddy Outlook for the Week (January 23, 2017 – January 27, 2017)

EquityPandit’s Outlook for Dr. Reddy for the week (January 23, 2017 – January 27, 2017) :

DR. REDDY:

 

drr

 

Dr Reddy closed the week on negative note losing around 1.10%.

As we have mentioned last week that support for the stock lies in the zone of 2920 to 2940 where the stock has formed a bottom in the month of July-2016. If the stock manages to close below these levels then the stock can drift to the levels of 2800 to 2830 where the stock has formed a bottom in the month of May-2016. During the week the stock manages to hit a low of 2920 and close the week around the levels of 2947.

Support for the stock lies in the zone of 2920 to 2940 where the stock has formed a bottom in the month of July-2016. If the stock manages to close below these levels then the stock can drift to the levels of 2800 to 2830 where the stock has formed a bottom in the month of May-2016.

Minor resistance for the stock lies in the zone of 2970 to 2980. Resistance for the stock lies in the zone of 3020 to 3040 where Fibonacci level is lying. If the stock manages to close above these levels then the stock can move to the levels of 3080 to 3100 from where the stock has broken down on intraday basis.

Broad range for the stock is seen from 2880 – 2900 on downside to 3020 – 3040 on upside.

Dr. Reddy Outlook for the Week (January 16, 2017 – January 20, 2017)

EquityPandit’s Outlook for Dr. Reddy for the week (January 16, 2017 – January 20, 2017) :

DR. REDDY:

 

drr

 

Dr Reddy closed the week on negative note losing around 5.70%.

As we have mentioned last week that support for the stock lies in the zone of 3150 to 3170 where 200 Daily SMA and medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 3100 to 3120 from where the stock has broken out on intraday basis. During the week the stock manages to hit a low of 2943 and close the week around the levels of 2980.

Support for the stock lies in the zone of 2920 to 2940 where the stock has formed a bottom in the month of July-2016. If the stock manages to close below these levels then the stock can drift to the levels of 2800 to 2830 where the stock has formed a bottom in the month of May-2016.

Resistance for the stock lies in the zone of 3020 to 3040 where Fibonacci ratio is lying. If the stock manages to close above these levels then the stock can move to the levels of 3080 to 3100 from where the stock has broken down on intraday basis.

Broad range for the stock is seen from 2920 – 2940 on downside to 3080 – 3100 on upside.

Dr. Reddy Outlook for the Week (January 09, 2017 – January 13, 2017)

EquityPandit’s Outlook for Dr. Reddy for the week (January 09, 2017 – January 13, 2017) :

DR. REDDY:

 

drr

 

Dr Reddy closed the week on positive note gaining around 3.20%.

As we have mentioned last week that minor resistance for the stock lies in the zone of 3050 to 3070. Resistance for the stock lies in the zone of 3150 to 3170 where 200 Daily SMA and medium term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 3200 to 3230 where the stock has formed a short term top. During the week the stock manages to hit a high of 3204 and close the week around the levels of 3159.

Support for the stock lies in the zone of 3150 to 3170 where 200 Daily SMA and medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 3100 to 3120 from where the stock has broken out on intraday basis.

Resistance for the stock lies in the zone of 3220 to 3250 where the stock has formed a top in the month of December-2016. If the stock manages to close above these levels then the stock can move to the levels of 3330 to 3350 from where the stock sold off in the month of November-2016.

Broad range for the stock is seen from 3030 – 3050 on downside to 3250 – 3280 on upside.

Dr. Reddy Outlook for the Week (January 02, 2017 – January 06, 2017)

EquityPandit’s Outlook for Dr. Reddy for the week (January 02, 2017 – January 06, 2017) :

DR. REDDY:

 

drr

 

Dr Reddy closed the week on positive note gaining around 2.10%.

As we have mentioned last week that support for the stock lies in the zone of 3000 to 3010 where the stock has formed a bottom in the month of October – 2016 and November-2016. If the stock manages to close below these levels then the stock can drift to the levels of 2900 to 2920 where the stock has formed a bottom in the month of July-2016. During the week the stock manages to hit a low of 2979 and close the week around the levels of 3060.

Minor support for the stock lies in the zone of 3030 to 3040. Support for the stock lies in the zone of 2980 to 3000 where the stock has formed a bottom in the month of October – 2016 and November-2016. If the stock manages to close below these levels then the stock can drift to the levels of 2900 to 2920 where the stock has formed a bottom in the month of July-2016.

Minor resistance for the stock lies in the zone of 3050 to 3070. Resistance for the stock lies in the zone of 3150 to 3170 where 200 Daily SMA and medium term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 3200 to 3230 where the stock has formed a short term top.

Broad range for the stock is seen from 2980 – 3000 on downside to 3130 – 3150 on upside.