Stock analysis Reliance Capital Limited RELCAPITAL
More indepth analysis on MunafaSutra.com
Recent prices of RELCAPITAL Reliance Capital Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 24 Tue May 2022 | 14.25 | 14.15 to 14.60 | -1.04% | 0.41 times |
| 23 Mon May 2022 | 14.40 | 14.35 to 15.10 | -2.37% | 0.64 times |
| 20 Fri May 2022 | 14.75 | 14.65 to 15.00 | 1.72% | 0.5 times |
| 19 Thu May 2022 | 14.50 | 14.40 to 14.85 | -3.65% | 0.79 times |
| 18 Wed May 2022 | 15.05 | 14.90 to 15.55 | -0.33% | 1.24 times |
| 17 Tue May 2022 | 15.10 | 14.40 to 15.10 | 4.86% | 1.23 times |
| 16 Mon May 2022 | 14.40 | 14.05 to 14.65 | 1.77% | 0.57 times |
| 13 Fri May 2022 | 14.15 | 13.75 to 14.45 | 2.54% | 1.12 times |
| 12 Thu May 2022 | 13.80 | 13.80 to 14.40 | -4.83% | 1.46 times |
| 11 Wed May 2022 | 14.50 | 14.25 to 15.15 | -3.33% | 1.06 times |
| 10 Tue May 2022 | 15.00 | 14.90 to 16.30 | -4.15% | 1.39 times |
| 09 Mon May 2022 | 15.65 | 14.50 to 15.65 | 4.68% | 1.03 times |
Technical analysis forecast for Reliance Capital Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Reliance Capital Limited RELCAPITAL at this time. Stock is falling and might fall more.
It appears as if Reliance Capital Limited RELCAPITAL gave a large move recently.
Stock of Reliance Capital Limited (RELCAPITAL) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
My analysis of Reliance Capital Limited is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 14.2 as stoploss in an intra day buy trade for a target of 15.29. However, stock will show a bearish move below 14.2.