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(RELIGARE) Religare Enterprises complete technical analysis [charts+indicators] | Buy/Sell Religare Enterprises | (RELIGARE) share price targets

Complete technical analysis of Religare Enterprises (RELIGARE) by charts plus indicators, forecast predictions and share price targets for Religare Enterprises (RELIGARE)

Religare Enterprises trades in NSE in Other Financial Services sector.

Showing technical analysis as on 2024-03-14 View latest technical analysis

10 day averaged volume of Religare Enterprises is 1077514

Date	Daily Closing Price	Open	High	Low	Volume
14 Thu Mar 2024	218.40	217.45	222.40	215.40	0.583 times
13 Wed Mar 2024	217.75	219.00	220.75	209.50	1.592 times
12 Tue Mar 2024	219.10	216.00	221.60	213.05	1.059 times
11 Mon Mar 2024	217.95	223.15	223.95	217.00	0.825 times
07 Thu Mar 2024	223.15	225.90	227.30	222.00	0.669 times
06 Wed Mar 2024	225.85	230.90	230.95	224.00	0.733 times
05 Tue Mar 2024	230.50	232.70	232.70	227.60	0.942 times
04 Mon Mar 2024	234.05	234.00	236.75	231.05	1.006 times
02 Sat Mar 2024	235.15	234.40	237.10	233.00	0.074 times
01 Fri Mar 2024	234.15	238.70	240.95	231.60	1.335 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 222.8, but if it comes above 222.8, then a intra day buy could be more profitable.
If you take a sell trade below 222.8, then use 222.8 as stoploss and 214.3 as target. However if you take a buy trade in stock , then use 222.8 as stoploss and 229.79 as target.

Share price targets for Religare Enterprises (RELIGARE)

Target Type	Value
Downside Target	206.50
Upside Target	222.00
Upside Target	230.15
Upside Target	233.95
Upside Target	236.75
Upside Target	240.80
Upside Target	240.95
Upside Target	243.40
Upside Target	245.95
Upside Target	246.30

Intraday share price targets for Religare Enterprises (RELIGARE)

Target Type	Value
Downside Intraday Target	210.62
Downside Intraday Target	202.83
Upside Intraday Target	225.07
Upside Intraday Target	231.73
Downside Intraday Target	217.28

Weekly technical analysis of Religare Enterprises (RELIGARE)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Thu Mar 2024	218.40	223.15	223.95	209.50	1.212 times
07 Thu Mar 2024	223.15	234.00	236.75	222.00	0.555 times
02 Sat Mar 2024	235.15	232.15	243.40	224.45	0.888 times
23 Fri Feb 2024	232.15	240.95	245.95	229.75	1.053 times
16 Fri Feb 2024	236.80	233.10	240.80	227.00	0.748 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 Religare Enterprises (RELIGARE)

Date	Monthly Closing Price	Open	High	Low	Volume
14 Thu Mar 2024	218.40	238.70	240.95	209.50	0.272 times
29 Thu Feb 2024	236.75	238.75	245.95	224.45	0.42 times
31 Wed Jan 2024	236.75	213.85	246.30	206.50	4.588 times
29 Fri Dec 2023	213.25	226.95	230.15	208.65	0.482 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 Religare Enterprises (RELIGARE)

Price action analysis of Religare Enterprises ( (RELIGARE) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Religare Enterprises ( (RELIGARE) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Religare Enterprises ( (RELIGARE) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Religare Enterprises stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Religare Enterprises in short term and the sell signal is strong.

Religare Enterprises 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 Religare Enterprises 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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Religare Enterprises is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 224.91 and Religare Enterprises (RELIGARE) 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 Religare Enterprises (RELIGARE) stock. Volume based technical analysis of Religare Enterprises (RELIGARE) stock is negative.

Religare Enterprises 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.