Is Dr Reddy's Labs technically bullish or bearish?

Aug 10 2025 08:05 AM IST
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As of August 8, 2025, Dr Reddy's Labs shows a neutral technical stance with a slight bullish bias, driven by daily moving averages, despite mixed signals from weekly and monthly indicators.
As of 8 August 2025, the technical trend for Dr Reddy's Labs has changed from sideways to mildly bullish. However, the overall technical stance remains mixed. The daily moving averages indicate a mildly bullish sentiment, while the weekly MACD and Bollinger Bands reflect a mildly bearish outlook. The KST shows bullish momentum on the weekly chart but is mildly bearish on the monthly. The Dow Theory presents a conflicting view with a mildly bearish stance on the weekly and mildly bullish on the monthly. Given these indicators, the current technical stance is neutral with a slight bullish bias, driven primarily by the daily moving averages and KST.
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