Long Term Trend: Strong
AI Indicator Strength: 65.0%
StockDRREDDY
Current Price₹1240.00
Short Term Trend
Strong Upward
Trend: Strong
¼ Long Term Trend Structure
- Price above EMA20, EMA50, EMA200
- Momentum aligned with structure
RSI: Neutral-Bearish
📊 Momentum (RSI)
- RSI: 60.70
- Mild negative bias
MACD: Weak Bullish
¼ MACD Observation
- Weak positive MACD crossover
- Trend confirms structural bias
Overall: Mixed
📊 Overall Technical View
- Momentum → Neutral-Bearish
- Trend → Strong
📊 DRREDDY Stock Strength & Risk Analysis
✅ Positive Factors
- Price trading above major EMA levels indicating strong long term trend.
❌ Risk Factors
- Price is overextended relative to its historical baseline averages; watch for localized mean reversion.
📌 Market Outlook
Market remains in a transitional phase; directional clarity is pending.
🎯 Technical Indicators: Support & Resistance
🟢 Support Zones
₹1130.00
₹1118.70
₹1107.40
🔴 Resistance Zones
₹1252.80
₹1265.33
₹1277.86
DRREDDY Price Action: Immediate buying interest for DRREDDY has historically emerged around the ₹1130.0 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 ₹1252.80. 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: Looking at the Fibonacci retracement map for DRREDDY, the 38.2% level at ₹994.64 acts as a critical juncture. Price interactions around these zones frequently dictate the stock's short-term trajectory, helping identify where DRREDDY might reverse or accelerate.
📈 Moving Averages
| EMA | Value | SMA | Value |
|---|
| EMA5 | 1212.40 | SMA5 | 1205.76 |
| EMA9 | 1209.15 | SMA9 | 1213.66 |
| EMA20 | 1200.56 | SMA20 | 1198.82 |
| EMA50 | 1199.21 | SMA50 | 1181.33 |
| EMA100 | 1216.27 | SMA100 | 1230.83 |
| EMA200 | 1233.85 | SMA200 | 1246.18 |
📊 AI Scorecard (How Confidence is Calculated)
• RSI Neutral-Bearish: -1 🔴
🔴
• Price > EMA20 (Short-term Bullish): +1 🟢
🟢
• EMA20 > EMA50 (Medium Uptrend): +1 🟢
🟢
• Price > EMA200 (Long-term Bullish): +1 🟢
🟢
• MACD Weak Bullish: +1 🟢
🟢
• Total Score: 3
🔴
• Confidence Score: 65.00%
🔴
Total Score: 3
Technical Indicator Strength: 65.0%
- Strong alignment in behavior
- AI Confidence Score: 65.0%
👉 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 |
| 2026-09-11 |
Bullish |
1165.5 |
1163.7 |
1168.5 |
1141.0 |
0.41% |
1.95 |
1211.9 |
1133.9% |
3.98 |
2.71 |
60.57 58.44 Success |
| 2026-09-03 |
Bearish |
1155.0 |
1157.0 |
1166.8 |
1151.0 |
0.52% |
0.85 |
1166.8 |
1134.9% |
1.74 |
1.02 |
3.25 17.07 Success |
| 2026-08-05 |
Bullish |
1176.0 |
1174.0 |
1174.4 |
1163.0 |
0.03% |
0.94 |
1206.8 |
1155.1% |
2.62 |
1.78 |
100.00 61.57 Success |
| 2026-07-09 |
Bearish |
1269.5 |
1244.9 |
1251.8 |
1222.0 |
1.84% |
0.55 |
1251.8 |
1221.8% |
3.76 |
-1.39 |
100.00 62.72 Success |
| 2026-06-22 |
Bullish |
1290.7 |
1297.2 |
1329.5 |
1294.9 |
2.49% |
0.18 |
1414.9 |
1294.9% |
9.62 |
-0.33 |
5.36 58.53 Success |
| 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 |
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.