Long Term Trend: Neutral
AI Indicator Strength: 40.0%
StockDRREDDY
Current Price₹1272.10
Short Term Trend
Consolidating Sideways
Trend: Neutral
¼ Long Term Trend Structure
- Price consolidating within ranges
- Momentum aligned with structure
RSI: Neutral-Bullish
📊 Momentum (RSI)
- RSI: 45.23
- Mild positive bias
MACD: Strong Bearish
¼ MACD Observation
- Strong negative MACD crossover
- Trend confirms structural bias
Overall: Mixed
📊 Overall Technical View
- Momentum → Neutral-Bullish
- Trend → Neutral
📊 DRREDDY Stock Strength & Risk Analysis
✅ Positive Factors
- RSI at 45.23 indicates healthy neutral momentum.
❌ Risk Factors
- Short term momentum remains bearish.
📌 Market Outlook
Market remains in a transitional phase; directional clarity is pending.
🎯 Technical Indicators: Support & Resistance
🟢 Support Zones
₹1230.00
₹1217.70
₹1205.40
🔴 Resistance Zones
₹1346.80
₹1360.27
₹1373.74
DRREDDY Price Action: Immediate buying interest for DRREDDY has historically emerged around the ₹1230.0 mark. If the stock faces selling pressure, this zone acts as the first line of defense. Conversely, the primary hurdle for an upward rally is positioned at ₹1346.80. Breaking past this resistance could signal a fresh leg of bullish momentum.
📊 Fibonacci Retracement
| Level | Value |
|---|
| 23.6% | 893.80 |
| 38.2% | 994.64 |
| 50.0% | 1076.14 |
| 61.8% | 1157.65 |
| 78.6% | 1273.68 |
Structural Pullbacks: With DRREDDY trading within 10% of its 52-week high, close intermediate parameters like the 23.6% level at ₹893.80 or the short-term EMA9 baseline act as logical continuation test areas. Price interactions around these zones frequently dictate the stock's short-term trajectory, helping identify where DRREDDY might find fresh buying interest.
📈 Moving Averages
| EMA | Value | SMA | Value |
|---|
| EMA5 | 1271.96 | SMA5 | 1273.00 |
| EMA9 | 1274.17 | SMA9 | 1272.96 |
| EMA20 | 1281.09 | SMA20 | 1284.94 |
| EMA50 | 1283.03 | SMA50 | 1285.40 |
| EMA100 | 1276.39 | SMA100 | 1275.71 |
| EMA200 | 1267.30 | SMA200 | 1264.38 |
📊 AI Scorecard (How Confidence is Calculated)
• RSI Neutral-Bullish: +1 🟢
🟢
• Price < EMA20 (Short-term Bearish): -1 🔴
🔴
• EMA20 < EMA50 (Medium Downtrend): -1 🔴
🔴
• Price > EMA200 (Long-term Bullish): +1 🟢
🟢
• MACD Strong Bearish: -2 🔴
🔴
• Total Score: -2
🔴
• Confidence Score: 40.00%
🔴
Total Score: -2
Technical Indicator Strength: 40.0%
- Neutral alignment in behavior
- AI Confidence Score: 40.0%
👉 Market appears neutral
📊 MACD Backtested Signals (Historical)
| Date |
Signal |
Close |
T+1 Open |
T+1 High |
T+1 Low |
T+1 Change |
T+5 High |
T+5 Low |
T+5 Change |
Strength |
Confidence |
Strategy |
| 2026-05-29 |
Bearish |
1303.5 |
1310.1 |
1319.6 |
1284.8 |
1.93% |
0.73 |
1319.6 |
1248.4% |
4.23 |
1.24 |
100.00 76.26 Success |
| 2026-05-15 |
Bullish |
1336.7 |
1336.5 |
1341.9 |
1322.0 |
0.40% |
1.08 |
1345.0 |
1305.1% |
0.62 |
2.36 |
30.05 26.59 Success |
| 2026-05-11 |
Bearish |
1279.9 |
1278.9 |
1288.3 |
1264.5 |
1.13% |
0.74 |
1344.9 |
1230.0% |
3.90 |
5.08 |
100.00 82.37 Success |
| 2026-04-20 |
Bullish |
1232.6 |
1232.6 |
1234.9 |
1218.4 |
0.19% |
1.15 |
1357.0 |
1208.1% |
10.09 |
1.99 |
78.70 79.24 Success |
| 2026-03-13 |
Bearish |
1292.3 |
1292.1 |
1297.0 |
1264.0 |
2.17% |
0.38 |
1307.5 |
1264.0% |
2.19 |
1.18 |
100.00 65.48 Success |
| 2026-03-11 |
Bullish |
1325.5 |
1321.0 |
1337.3 |
1303.6 |
1.23% |
1.32 |
1337.3 |
1264.0% |
0.89 |
4.64 |
43.69 46.29 Success |
| 2026-03-09 |
Bearish |
1287.0 |
1288.0 |
1329.6 |
1288.0 |
0.00% |
3.23 |
1337.3 |
1264.0% |
1.79 |
3.91 |
100.00 65.24 No Trade |
| 2026-01-23 |
Bullish |
1235.6 |
1251.0 |
1252.3 |
1233.5 |
0.10% |
1.40 |
1252.3 |
1167.1% |
1.35 |
5.54 |
100.00 70.59 Success |
| 2025-12-24 |
Bearish |
1265.8 |
1265.0 |
1275.0 |
1261.1 |
0.31% |
0.79 |
1275.9 |
1248.0% |
1.41 |
0.80 |
32.69 25.27 Success |
| 2025-11-13 |
Bullish |
1234.9 |
1235.2 |
1249.0 |
1231.8 |
1.12% |
0.28 |
1255.0 |
1231.8% |
1.63 |
0.25 |
12.93 19.58 Success |
| 2025-10-30 |
Bearish |
1202.2 |
1202.5 |
1205.5 |
1191.0 |
0.96% |
0.25 |
1213.9 |
1187.9% |
1.19 |
0.97 |
100.00 54.30 Success |
| 2025-10-20 |
Bullish |
1282.0 |
1288.0 |
1294.0 |
1283.1 |
0.47% |
0.38 |
1303.6 |
1264.6% |
1.68 |
1.36 |
100.00 56.56 Success |
| 2025-09-25 |
Bearish |
1275.2 |
1250.0 |
1278.5 |
1246.2 |
0.30% |
2.28 |
1278.5 |
1217.5% |
4.52 |
0.26 |
100.00 67.54 Success |
| 2025-08-14 |
Bullish |
1260.4 |
1270.0 |
1270.6 |
1241.1 |
0.05% |
2.28 |
1284.1 |
1238.0% |
1.88 |
1.78 |
100.00 57.66 Success |
| 2025-08-01 |
Bearish |
1220.6 |
1225.1 |
1232.2 |
1219.2 |
0.48% |
0.58 |
1232.2 |
1183.4% |
3.05 |
0.95 |
93.57 60.08 Success |
| 2025-07-28 |
Bullish |
1287.4 |
1287.0 |
1302.0 |
1282.8 |
1.17% |
0.33 |
1302.0 |
1213.7% |
1.13 |
5.72 |
100.00 74.45 Success |
| 2025-06-19 |
Bearish |
1326.1 |
1332.4 |
1335.0 |
1318.2 |
1.07% |
0.20 |
1353.7 |
1302.1% |
1.81 |
2.08 |
100.00 62.56 Success |
| 2025-05-13 |
Bullish |
1207.1 |
1213.3 |
1223.3 |
1193.2 |
0.82% |
1.66 |
1241.8 |
1193.2% |
2.87 |
1.15 |
100.00 63.54 Success |
| 2025-05-07 |
Bearish |
1160.7 |
1152.7 |
1161.4 |
1142.0 |
0.93% |
0.75 |
1241.0 |
1138.5% |
1.91 |
6.92 |
32.75 51.68 Success |
| 2025-04-16 |
Bullish |
1158.4 |
1150.1 |
1173.6 |
1150.1 |
2.04% |
0.00 |
1210.0 |
1150.1% |
4.45 |
0.72 |
100.00 75.16 Success |
Interpreting Historical MACD Data: The table above presents backtested historical performance of MACD crossover signals for DRREDDY. By analyzing past T+1 to T+5 day price movements following a MACD buy or sell signal, traders can gauge the historical reliability and expected volatility of the current signal.