RDY Forecast


Bullish Case: RDY's historical returns show significant positive returns in past holding periods up to two years, potential for long-term gains, and low implied volatility supports bullish sentiment [Helium, Helium, Helium].


Bearish Case: Mean-reverting patterns and neutral AI price forecasts indicate limited upside. Decreasing prices over the past 60-90 days suggest potential downside [Helium, Helium, Helium].


Potential Outcomes:

1) Mean-reverting (70%): RDY stays within current price range.

2) Slight increase (20%): Price rises to mid-$70s.

3) Bearish trend (10%): Price drops below $70 owing to volatility imbalances [Helium, Helium, Helium].


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June 25, 2024


Dr. Reddy's Laboratories Ltd. Forecast

RDY      Dr. Reddy's Laboratories Ltd.











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