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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 2024-05-24 View latest technical analysis

10 day averaged volume of Reliance Infrastructure is 2131353

Date	Daily Closing Price	Open	High	Low	Volume
24 Fri May 2024	171.15	166.70	177.70	165.10	2.114 times
23 Thu May 2024	166.05	168.00	169.30	165.00	0.805 times
22 Wed May 2024	167.35	167.95	171.65	163.00	1.062 times
21 Tue May 2024	167.85	171.00	173.15	167.00	0.825 times
18 Sat May 2024	171.10	170.00	172.50	169.70	0.155 times
17 Fri May 2024	170.10	172.95	173.60	169.10	0.606 times
16 Thu May 2024	172.35	172.50	174.80	171.20	0.956 times
15 Wed May 2024	171.60	172.50	174.70	170.60	0.948 times
14 Tue May 2024	171.45	165.90	172.90	164.25	1.539 times
13 Mon May 2024	164.70	163.50	166.40	157.95	1.998 times

Stock of Reliance Infrastructure (RELINFRA) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, and stock might move down till 164.4 or till 155.9. Use a stoploss of 171.41 and if the stock hits stoploss, then it can shoot up till 178.46

Share price targets for Reliance Infrastructure (RELINFRA)

Target Type	Value
Downside Target	157.45
Downside Target	163.00
Downside Target	170.50
Upside Target	174.80
Upside Target	189.10
Upside Target	194.00
Upside Target	199.55
Upside Target	203.25
Upside Target	248.45
Upside Target	251.70
Upside Target	287.70
Upside Target	308.00

Intraday share price targets for Reliance Infrastructure (RELINFRA)

Target Type	Value
Downside Intraday Target	163.53
Downside Intraday Target	155.92
Upside Intraday Target	178.23
Upside Intraday Target	185.32
Downside Intraday Target	170.62

Weekly technical analysis of Reliance Infrastructure (RELINFRA)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Fri May 2024	171.15	171.00	177.70	163.00	0.775 times
18 Sat May 2024	171.10	163.50	174.80	157.95	0.752 times
10 Fri May 2024	162.95	178.40	179.55	157.45	1.451 times
03 Fri May 2024	176.20	193.25	194.00	170.50	0.8 times
26 Fri Apr 2024	190.90	198.00	199.55	189.10	0.607 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
24 Fri May 2024	171.15	179.75	179.90	157.45	0.324 times
30 Tue Apr 2024	177.90	274.25	308.00	176.30	1.158 times
28 Thu Mar 2024	270.95	221.45	287.70	181.60	1.666 times
29 Thu Feb 2024	220.90	233.45	251.70	194.00	0.895 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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

Price action analysis of Reliance Infrastructure ( (RELINFRA) ) 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 Reliance Infrastructure ( (RELINFRA) ) based on a mid to longer 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.

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

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

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

Reliance Infrastructure Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

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 Infrastructure in short term and BUY 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

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 169.12 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 negative.

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