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(RCOM_BE) Reliance Communications complete technical analysis [charts+indicators] | Buy/Sell Reliance Communications | (RCOM_BE) share price targets

Complete technical analysis of Reliance Communications (RCOM_BE) by charts plus indicators, forecast predictions and share price targets for Reliance Communications (RCOM_BE)

Showing technical analysis as on 2025-02-04 View latest technical analysis

10 day averaged volume of Reliance Communications is 3258435

Date	Daily Closing Price	Open	High	Low	Volume
04 Tue Feb 2025	1.55	1.54	1.55	1.50	1.768 times
03 Mon Feb 2025	1.48	1.45	1.55	1.45	3.677 times
27 Mon Jan 2025	1.60	1.60	1.60	1.60	0.312 times
20 Mon Jan 2025	1.69	1.69	1.69	1.69	0.722 times
13 Mon Jan 2025	1.78	1.78	1.78	1.78	0.12 times
06 Mon Jan 2025	1.88	1.88	1.88	1.88	0.589 times
30 Mon Dec 2024	1.98	1.98	1.98	1.98	0.116 times
23 Mon Dec 2024	2.09	2.09	2.09	2.09	0.141 times
16 Mon Dec 2024	2.20	2.20	2.20	2.20	0.289 times
09 Mon Dec 2024	2.32	2.35	2.35	2.25	2.08 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1.7, but if it comes above 1.7, then a intra day buy could be more profitable.
If you take a sell trade below 1.7, then use 1.7 as stoploss and 1.4 as target. However if you take a buy trade in stock , then use 1.7 as stoploss and 1.94 as target.

Share price targets for Reliance Communications (RCOM_BE)

Target Type	Value
Downside Target	1.45
Downside Target	1.55
Upside Target	1.60
Upside Target	1.69
Upside Target	1.78
Upside Target	1.86
Upside Target	1.88
Upside Target	2.04
Upside Target	2.09
Upside Target	2.35
Upside Target	2.58

Intraday share price targets for Reliance Communications (RCOM_BE)

Target Type	Value
Downside Intraday Target	1.48
Downside Intraday Target	1.42
Upside Intraday Target	1.58
Upside Intraday Target	1.62
Downside Intraday Target	1.52

Weekly technical analysis of Reliance Communications (RCOM_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Tue Feb 2025	1.55	1.45	1.55	1.45	17.429 times
27 Mon Jan 2025	1.60	1.60	1.60	1.60	0.433 times
20 Mon Jan 2025	1.69	1.69	1.69	1.69	5.997 times
13 Mon Jan 2025	1.78	1.78	1.78	1.78	0.204 times
06 Mon Jan 2025	1.88	1.88	1.88	1.88	5.1 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Reliance Communications (RCOM_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Tue Feb 2025	1.55	1.45	1.55	1.45	3.123 times
27 Mon Jan 2025	1.60	1.88	1.88	1.60	0.178 times
30 Mon Dec 2024	1.98	1.86	2.35	1.86	9.217 times
25 Mon Nov 2024	1.78	2.09	2.09	1.78	0.078 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Reliance Communications (RCOM_BE)

Price action analysis of Reliance Communications ( (RCOM_BE) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Reliance Communications ( (RCOM_BE) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Reliance Communications ( (RCOM_BE) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Reliance Communications stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Reliance Communications in short term and the sell signal is strong.

Reliance Communications Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Reliance Communications in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Reliance Communications is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1.75 and Reliance Communications (RCOM_BE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Reliance Communications (RCOM_BE) stock. Volume based technical analysis of Reliance Communications (RCOM_BE) stock is negative.

Reliance Communications Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.