DRREDDY closed the previous week on a negative note losing 6.65%.
Technically, DRREDDY share price will see immediate support at 5,803.33 and immediate resistance would be seen at 6,212.53.
If DRREDDY share price closes below immediate support of 5,803.33, then sharp breakdown can be seen. DRREDDY share price will see major support at 5,567.17 for the week.
On the positive side, immediate resistance will be seen at 6,212.53. Closing above 6,212.53, DRREDDY share price will see a sharp breakout. Major resistance for DRREDDY share price will be seen at 6,385.57 for the week.
Trading range for DRREDDY share price for this week should be between 5,394.13 on down side and 6,621.73 on up side.
DRREDDY Previous Week High: 6149.4
DRREDDY Previous Week Low: 5740.2
DRREDDY Previous Week Range: 409.2 Points
DRREDDY share price support and resistance for the week (February 05, 2024 – February 09, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 6,621.73 |
| Resistance 2 | 6,385.57 |
| Resistance 1 | 6,212.53 |
| Support 1 | 5,803.33 |
| Support 2 | 5,567.17 |
| Support 3 | 5,394.13 |
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