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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 2024-01-23 View latest technical analysis

10 day averaged volume of Reliance Infrastructure is 2837937

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Jan 2024	208.35	222.65	223.85	206.85	0.799 times
22 Mon Jan 2024	222.35	217.95	226.90	216.55	0.656 times
19 Fri Jan 2024	216.75	220.85	221.85	214.60	0.609 times
18 Thu Jan 2024	218.90	217.10	222.00	210.25	1.013 times
17 Wed Jan 2024	217.30	218.40	224.00	214.90	0.893 times
16 Tue Jan 2024	221.90	232.00	235.95	218.75	1.176 times
15 Mon Jan 2024	232.65	239.90	239.90	229.50	0.848 times
12 Fri Jan 2024	238.45	241.80	242.30	236.50	0.912 times
11 Thu Jan 2024	239.90	241.50	245.95	237.80	1.172 times
10 Wed Jan 2024	237.45	240.35	242.95	233.55	1.275 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 206.8 as stoploss in an intra day buy trade for a target of 221.16. However, stock will show a bearish move below 206.8.

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
Upside Target	215.50
Upside Target	226.90
Upside Target	229.30
Upside Target	232.00
Upside Target	235.00
Upside Target	239.90
Upside Target	248.45

Intraday share price targets for Reliance Infrastructure (RELINFRA)

Target Type	Value
Downside Intraday Target	201.17
Downside Intraday Target	193.98
Upside Intraday Target	221.22
Upside Intraday Target	234.08
Upside Intraday Target	214.03

Weekly technical analysis of Reliance Infrastructure (RELINFRA)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Jan 2024	208.35	217.95	226.90	206.85	0.321 times
19 Fri Jan 2024	216.75	239.90	239.90	210.25	0.577 times
12 Fri Jan 2024	238.45	231.00	248.45	229.30	0.697 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

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 Infrastructure (RELINFRA)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Tue Jan 2024	208.35	211.00	248.45	203.25	1.07 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 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 Infrastructure (RELINFRA)

Price action analysis of Reliance Infrastructure ( (RELINFRA) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Reliance Infrastructure ( (RELINFRA) ) 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 Reliance Infrastructure ( (RELINFRA) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Reliance Infrastructure in short term but the sell signal is initial and weak.

Reliance Infrastructure 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 green color and prices are in or below the green cloud Prices appear to be coming down

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

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 226.64 and Reliance Infrastructure (RELINFRA) 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 Infrastructure (RELINFRA) stock. Volume based technical analysis of Reliance Infrastructure (RELINFRA) stock is negative.

Reliance Infrastructure 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.