Is Dr Reddy's Labs technically bullish or bearish?

Jul 29 2025 08:10 AM IST
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As of July 28, 2025, Dr Reddy's Labs shows a bullish technical trend with moderate strength, supported by positive indicators like a bullish MACD and Bollinger Bands, despite some caution from mildly bearish monthly indicators.
As of 28 July 2025, the technical trend has changed from mildly bullish to bullish. The current technical stance for Dr Reddy's Labs is bullish with moderate strength. Key indicators driving this stance include a bullish MACD on the weekly chart, bullish Bollinger Bands on both weekly and monthly charts, and a bullish daily moving average. However, the monthly MACD and KST are mildly bearish, indicating some caution. The Dow Theory shows a mildly bullish trend on the weekly timeframe, while the monthly timeframe indicates no trend. Overall, the bullish indicators outweigh the bearish signals, supporting a positive outlook.
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