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Stock analysis Religare Enterprises Limited RELIGARE

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Moving Averages for Religare Enterprises Limited

  • 5Day Average: 219.22
  • 12Day Average: 215
  • 20Day Average: 215.52
  • 50Day Average: 219.38
  • 100Day Average: 222.95
  • 150Day Average: 221.56
  • 200Day Average: 225.96

RELIGARE Indicators & signals

Indicator MACD (12,26,9)

216.92, 216.77, -0.83
Indicator MACD is in positive zone

Indicator ADX (14)

9.79, 20.91, 17.18
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 55
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of RELIGARE Religare Enterprises Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
13 Thu Jun 2024 219.18 218.00 to 222.08 0% 0.33 times
12 Wed Jun 2024 219.17 216.82 to 220.40 0.24% 0.72 times
11 Tue Jun 2024 218.65 215.97 to 220.50 0.15% 0.33 times
10 Mon Jun 2024 218.32 217.85 to 223.34 -1.12% 0.37 times
07 Fri Jun 2024 220.80 216.35 to 222.80 1.63% 0.81 times
06 Thu Jun 2024 217.25 215.30 to 220.90 2.16% 0.97 times
05 Wed Jun 2024 212.65 205.50 to 213.95 -0.21% 0.7 times
04 Tue Jun 2024 213.10 201.60 to 218.00 -3.11% 1.98 times
03 Mon Jun 2024 219.95 208.15 to 220.40 7.11% 3.22 times
31 Fri May 2024 205.35 203.95 to 208.90 0.15% 0.31 times
30 Thu May 2024 205.05 203.70 to 211.45 -2.61% 0.6 times
29 Wed May 2024 210.55 209.25 to 211.90 -0.78% 0.23 times

Technical analysis forecast of Religare Enterprises Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Religare Enterprises Limited RELIGARE at this time. Stock is rising and might rise more.

It appears as if Religare Enterprises Limited RELIGARE gave a large move recently.

Stock of Religare Enterprises Limited (RELIGARE) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Religare Enterprises Limited is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 221.1 as stoploss in an intra day sell trade for a target of 216.58. However, stock will show a bullish move above 221.1.

More indepth analysis on MunafaSutra.com