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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)

10 day averaged volume of Reliance Communications is 2868279

Date	Daily Closing Price	Open	High	Low	Volume
27 Mon Jan 2025	1.60	1.60	1.60	1.60	0.355 times
20 Mon Jan 2025	1.69	1.69	1.69	1.69	0.82 times
13 Mon Jan 2025	1.78	1.78	1.78	1.78	0.137 times
06 Mon Jan 2025	1.88	1.88	1.88	1.88	0.669 times
30 Mon Dec 2024	1.98	1.98	1.98	1.98	0.131 times
23 Mon Dec 2024	2.09	2.09	2.09	2.09	0.16 times
16 Mon Dec 2024	2.20	2.20	2.20	2.20	0.329 times
09 Mon Dec 2024	2.32	2.35	2.35	2.25	2.363 times
06 Fri Dec 2024	2.24	2.24	2.24	2.17	2.219 times
05 Thu Dec 2024	2.14	2.14	2.14	2.04	2.606 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 1.5, for a target of 1.8 or 2.02

Share price targets for Reliance Communications (RCOM_BE)

Target Type	Value
Downside Target	1.60
Upside Target	1.69
Upside Target	1.78
Upside Target	1.86
Upside Target	1.90
Upside Target	1.98
Upside Target	2.04
Upside Target	2.09
Upside Target	2.20
Upside Target	2.35
Upside Target	2.58

Intraday share price targets for Reliance Communications (RCOM_BE)

Target Type	Value
Downside Intraday Target	1.6
Downside Intraday Target	1.6
Downside Intraday Target	1.6
Downside Intraday Target	1.6
Upside Intraday Target	1.6

Weekly technical analysis of Reliance Communications (RCOM_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
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
30 Mon Dec 2024	1.98	1.98	1.98	1.98	0.821 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Reliance Communications (RCOM_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
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
28 Mon Oct 2024	2.20	2.04	2.58	2.04	1.179 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Reliance Communications in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing 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 2.13 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.