Is Dr Reddy's Labs technically bullish or bearish?

Oct 18 2025 08:12 AM IST
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As of October 17, 2025, Dr Reddy's Labs shows a mildly bullish trend based on daily moving averages, but caution is advised due to mildly bearish weekly MACD and KST indicators, resulting in a mixed outlook.
As of 17 October 2025, the technical trend for Dr Reddy's Labs has changed from sideways to mildly bullish. The current stance is mildly bullish, primarily driven by the daily moving averages and the Dow Theory indicating a mildly bullish trend on the weekly timeframe. However, the weekly MACD and KST are both mildly bearish, which suggests some caution. The RSI shows no signal on both weekly and monthly timeframes, indicating a lack of momentum. Overall, while there are bullish indicators, the presence of bearish signals in other metrics suggests a mixed outlook.
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