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

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

Reliance Infrastructure trades in NSE in Electric Utilities sector.

Showing technical analysis as on 2024-01-10 View latest technical analysis

10 day averaged volume of Reliance Infrastructure is 5558155

Date	Daily Closing Price	Open	High	Low	Volume
10 Wed Jan 2024	237.45	240.35	242.95	233.55	0.651 times
09 Tue Jan 2024	236.85	243.50	248.45	235.35	0.738 times
08 Mon Jan 2024	241.00	231.00	247.00	229.30	1.561 times
05 Fri Jan 2024	229.60	233.00	235.00	227.00	1.012 times
04 Thu Jan 2024	231.55	218.00	234.60	217.20	1.739 times
03 Wed Jan 2024	215.15	207.95	228.50	206.20	1.606 times
02 Tue Jan 2024	207.95	212.45	213.40	203.25	0.529 times
01 Mon Jan 2024	211.80	211.00	216.30	209.80	0.876 times
29 Fri Dec 2023	209.80	190.50	209.85	190.50	1.445 times
28 Thu Dec 2023	190.80	196.00	196.00	190.10	0.225 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 228, but if it comes below 228, then a intra day sell could be more profitable.
If you take a sell trade below 228, then use 228 as stoploss and 212.2 as target. However if you take a buy trade in stock , then use 228 as stoploss and 247 as target.

Share price targets for Reliance Infrastructure (RELINFRA)

Target Type	Value
Downside Target	134.75
Downside Target	158.55
Downside Target	171.70
Downside Target	185.55
Downside Target	190.10
Downside Target	203.25
Downside Target	207.50
Downside Target	215.50
Downside Target	224.95
Downside Target	229.30
Downside Target	232.00
Downside Target	235.00
Upside Target	248.45

Intraday share price targets for Reliance Infrastructure (RELINFRA)

Target Type	Value
Downside Intraday Target	228.35
Downside Intraday Target	219.25
Upside Intraday Target	247.5
Upside Intraday Target	257.55
Upside Intraday Target	238.4

Weekly technical analysis of Reliance Infrastructure (RELINFRA)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Wed Jan 2024	237.45	231.00	248.45	229.30	0.512 times
05 Fri Jan 2024	229.60	211.00	235.00	203.25	2.51 times
29 Fri Dec 2023	209.80	195.70	209.85	190.10	1.047 times
22 Fri Dec 2023	193.05	210.00	217.60	185.55	1.076 times
15 Fri Dec 2023	209.75	216.40	224.95	207.50	0.423 times

Price has moved up 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 Infrastructure (RELINFRA)

Date	Monthly Closing Price	Open	High	Low	Volume
10 Wed Jan 2024	237.45	211.00	248.45	203.25	0.727 times
29 Fri Dec 2023	209.80	192.05	232.00	185.55	2.391 times
30 Thu Nov 2023	189.75	184.45	192.40	171.70	0.383 times
14 Mon Aug 2023	166.95	187.00	215.50	158.55	0.552 times

Scroll below to view daily charts

Price has moved up 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 Infrastructure (RELINFRA)

Price action analysis of Reliance Infrastructure ( (RELINFRA) ) based on a short 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 Infrastructure ( (RELINFRA) ) 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 Infrastructure ( (RELINFRA) ) 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 Infrastructure stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Reliance Infrastructure in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Reliance Infrastructure Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Reliance Infrastructure in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 Reliance Infrastructure is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 224.21 and Reliance Infrastructure (RELINFRA) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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

Reliance Infrastructure Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

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