Analyst recommended buying Dr. Reddy's as stock tests its 200-day moving average with strong volumes

Tue 29 Sep 2026

200 day moving average

12,947 level

Volume

3.24 million shares

Target price

1,300 level

Stop loss

1,220

Heard on Live TV News Channel between 12:27:12 - 12:28:27 IST.

• Stock testing 200 day moving average at around 12,947 level.
• Witnessed strong volume of around 3.24 million shares.
• Analyst set minimum target of 1,300 level with stop loss at 1,220 on daily close basis.
• Said 200 DMA is a make-or-break level; a close above it could trigger strong upward momentum.

The call above is Sundar Kewat, Ashika Institutional Equities's, reported here as they made it. Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.