Is Dr Reddy's Labs technically bullish or bearish?

Aug 07 2025 08:10 AM IST
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As of August 6, 2025, Dr Reddy's Labs shows a mildly bullish trend on daily moving averages, but mixed signals from weekly and monthly indicators suggest a neutral stance with weak bullish inclination.
As of 6 August 2025, the technical trend for Dr Reddy's Labs has changed from sideways to mildly bullish. However, the overall stance remains mixed. The daily moving averages indicate a mildly bullish sentiment, while the weekly and monthly MACD readings are mildly bearish. Bollinger Bands are bearish on both weekly and monthly time frames. The KST shows a bullish signal weekly but is mildly bearish monthly, and Dow Theory presents a mildly bearish view weekly while being mildly bullish monthly. Given these conflicting signals, the current technical stance can be considered neutral with a slight bullish inclination, but the strength is weak.
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