DR REDDY

Dr. Reddy Outlook for the Week (Dec 05, 2022 – Dec 09, 2022)

Check DRREDDY Full Analysis At Unicorn Signals

DRREDDY Weekly Outlook and Analysis:

For the Week: (Dec 05, 2022 – Dec 09, 2022)

Dr. Reddy Outlook for the Week (Dec 05, 2022 – Dec 09, 2022)

Check DRREDDY Full Analysis At Unicorn Signals

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

Stock closed the Weekly on positive note gaining 2.09%

Dr Reddy Share Price: 4510.40                

Weekly High: 4531.80

Weekly Low: 4386.50

Weekly Range: 92.30 Points

Weekly Support & Resistance For DR. Reddy:

RESISTANCE 24640
RESISTANCE 14575
SUPPORT 14400
SUPPORT 24290
Dr. Reddy Outlook for the Week (Dec 05, 2022 – Dec 09, 2022)

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 4400 levels, Minor resistance on the upside is capped around 4575 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 @ 4290 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 @ 4640.

Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit predicts Range for the Weekly as 4640 on upside and 4290 on downside.

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