DRREDDY Outlook for the Week (October 14, 2024 – October 18, 2024)
Dr Reddys Laboratories closed the previous week on a negative note losing 0.16%.
Technically, Dr Reddys Laboratories share price will see immediate support at 6,511.20 and immediate resistance would be seen at 6,721.05.
If Dr Reddys Laboratories share price closes below immediate support of 6,511.20, then sharp breakdown can be seen. Dr Reddys Laboratories share price will see major support at 6,423.20 for the week.
On the positive side, immediate resistance will be seen at 6,721.05. Closing above 6,721.05, Dr Reddys Laboratories share price will see a sharp breakout. Major resistance for Dr Reddys Laboratories share price will be seen at 6,842.90 for the week.
Trading range for Dr Reddys Laboratories share price for this week should be between 6,301.35 on down side and 6,930.90 on up side.
Dr Reddys Laboratories Previous Week High: 6754.9
Dr Reddys Laboratories Previous Week Low: 6545.05
Dr Reddys Laboratories Previous Week Range: 209.85 Points
Dr Reddys Laboratories share price support and resistance for the week (October 14, 2024 - October 18, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 6,930.90 |
| Resistance 2 | 6,842.90 |
| Resistance 1 | 6,721.05 |
| Support 1 | 6,511.20 |
| Support 2 | 6,423.20 |
| Support 3 | 6,301.35 |