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Is RDY gathering momentum? NR7 shows up after sinking 0.55%

Dr. Reddy's Laboratories Ltd (RDY) Technical Analysis, Stock Scans & Trading Signals · Jul 16, 2026, 17:51 ET
RDY posted a 0.55% loss on Thursday, July 16th, accompanied by 0.2× normal trading volume. consolidation patterns formed: NR7 and NR7-2 and Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 12.63, 12.56 & 12.45, with resistance at 12.81, 12.92 & 12.99. Slow Stochastic readings suggest the stock is currently oversold.

Current SwingTradeBot Technical Rating of RDY: F

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Dr. Reddy's Laboratories Ltd (RDY)