DR REDDY S LABORATORIES

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As of June 6, 2025, Dr. Reddy's Laboratories Ltd. (NSE: DRREDDY) is trading at approximately ₹1,290.60, reflecting a 3.04% increase over the previous day.

📊 Daily Pivot Points (Classic Method)
Based on the previous day's high, low, and close, the daily pivot levels are:

Pivot Point: ₹1,307.93

Support Levels:

S1: ₹1,286.07

S2: ₹1,268.73

S3: ₹1,246.87

Resistance Levels:

R1: ₹1,325.27

R2: ₹1,347.13

R3: ₹1,369.99

📈 Fibonacci Pivot Points
Using Fibonacci calculations, the levels are:

Pivot Point: ₹1,307.93

Support Levels:

S1: ₹1,286.07

S2: ₹1,268.73

S3: ₹1,246.87

Resistance Levels:

R1: ₹1,325.27

R2: ₹1,347.13

R3: ₹1,369.99

🔍 Camarilla Pivot Points
Derived using the Camarilla method:

Pivot Point: ₹1,286.07

Support Levels:

S1: ₹1,269.04

S2: ₹1,279.82

S3: ₹1,283.41

Resistance Levels:

R1: ₹1,294.19

R2: ₹1,297.79

R3: ₹1,301.38

📌 Trading Insights
Immediate Support: ₹1,286.07 (Classic S1)

Immediate Resistance: ₹1,325.27 (Classic R1)

Traders may consider these levels for setting stop-loss and take-profit orders. A break above ₹1,325.27 could signal bullish momentum, while a drop below ₹1,286.07 might indicate bearish pressure.

Penafian

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