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DRREDDYMARKET OUTLOOKSTOCK OUTLOOK

DRREDDY Outlook for the Week (August 21, 2023 – August 25, 2023)

DRREDDY
DRREDDY
DRREDDY closed the previous week on a negative note losing 3.43%.

Technically, DRREDDY share price will see immediate support at 5,772.97 and immediate resistance would be seen at 5,977.97.

If DRREDDY share price closes below immediate support of 5,772.97, then sharp breakdown can be seen. DRREDDY share price will see major support at 5,671.48 for the week.

On the positive side, immediate resistance will be seen at 5,977.97. Closing above 5,977.97, DRREDDY share price will see a sharp breakout. Major resistance for DRREDDY share price will be seen at 6,081.48 for the week.

Trading range for DRREDDY share price for this week should be between 5,567.97 on down side and 6,182.97 on up side.

DRREDDY Previous Week High: 5980

DRREDDY Previous Week Low: 5775

DRREDDY Previous Week Range: 205 Points

DRREDDY share price support and resistance for the week (August 21, 2023 – August 25, 2023)

Level Type Value
Resistance 3 6,182.97
Resistance 2 6,081.48
Resistance 1 5,977.97
Support 1 5,772.97
Support 2 5,671.48
Support 3 5,567.97

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