Stock analysis Religare Enterprises Limited RELIGARE
More indepth analysis on MunafaSutra.com
Recent prices of RELIGARE Religare Enterprises Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 06 Mon May 2024 | 216.25 | 215.00 to 218.20 | -0.16% | 0.51 times |
| 03 Fri May 2024 | 216.60 | 215.00 to 218.25 | -0.07% | 0.46 times |
| 02 Thu May 2024 | 216.75 | 216.50 to 221.70 | -1.28% | 0.63 times |
| 30 Tue Apr 2024 | 219.55 | 218.10 to 221.35 | -0.86% | 0.63 times |
| 29 Mon Apr 2024 | 221.45 | 217.05 to 222.70 | 1.63% | 0.96 times |
| 26 Fri Apr 2024 | 217.90 | 214.60 to 224.00 | -2.31% | 4.01 times |
| 25 Thu Apr 2024 | 223.05 | 222.05 to 226.50 | -0.73% | 0.44 times |
| 24 Wed Apr 2024 | 224.70 | 221.50 to 227.25 | 1.47% | 0.52 times |
| 23 Tue Apr 2024 | 221.45 | 219.35 to 223.35 | 0.05% | 0.75 times |
| 22 Mon Apr 2024 | 221.35 | 219.10 to 222.40 | 1.07% | 0.69 times |
| 19 Fri Apr 2024 | 219.00 | 217.10 to 221.95 | -0.95% | 0.91 times |
| 18 Thu Apr 2024 | 221.10 | 220.55 to 226.70 | -0.94% | 1.1 times |
Technical analysis forecast for Religare Enterprises 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 Religare Enterprises Limited RELIGARE at this time. Stock is falling and might fall more.
It appears as if Religare Enterprises Limited RELIGARE gave a large move recently.
Stock of Religare Enterprises Limited (RELIGARE) 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 Religare Enterprises Limited is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 215.9 as stoploss in an intra day buy trade for a target of 220.94. However, stock will show a bearish move below 215.9.