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Stock analysis Religare Enterprises Limited RELIGARE

More indepth analysis on MunafaSutra.com

Moving Averages for Religare Enterprises Limited

  • 5Day Average: 246.67
  • 12Day Average: 244.92
  • 20Day Average: 244.91
  • 50Day Average: 231.04
  • 100Day Average: 226.05
  • 150Day Average: 225.63
  • 200Day Average: 225.62

RELIGARE Indicators & signals

Indicator MACD (12,26,9)

245.55, 241.15, 3.94
Indicator MACD is in positive zone

Indicator ADX (14)

37.19, 30, 13.74
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 63
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
26 Fri Jul 2024 257.34 253.62 to 262.32 0.77% 2.19 times
25 Thu Jul 2024 255.38 244.00 to 258.00 3.48% 1.76 times
24 Wed Jul 2024 246.80 238.91 to 249.37 4.17% 1.04 times
23 Tue Jul 2024 236.92 228.00 to 238.00 0% 1.05 times
23 Tue Jul 2024 236.92 228.00 to 238.00 0.36% 1.05 times
22 Mon Jul 2024 236.06 235.20 to 239.24 -1.49% 0.3 times
19 Fri Jul 2024 239.62 235.00 to 241.00 -0.47% 0.69 times
18 Thu Jul 2024 240.76 238.00 to 242.90 -0.72% 0.93 times
16 Tue Jul 2024 242.51 239.60 to 244.35 -0.22% 0.62 times
15 Mon Jul 2024 243.04 239.85 to 251.90 -3.48% 1.3 times
12 Fri Jul 2024 251.80 242.55 to 254.40 -0.01% 1.27 times
11 Thu Jul 2024 251.83 238.99 to 254.98 5.6% 2.8 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, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

Although my analysis for Religare Enterprises Limited is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 256.9, for a target of 249.3 or 243.01

More indepth analysis on MunafaSutra.com