Stock analysis Reliance Infrastructure Limited RELINFRA
More indepth analysis on MunafaSutra.com
Recent prices of RELINFRA Reliance Infrastructure Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 03 Fri May 2024 | 176.20 | 170.50 to 179.40 | 0.43% | 1.11 times |
| 02 Thu May 2024 | 175.45 | 174.20 to 179.90 | -1.38% | 0.82 times |
| 30 Tue Apr 2024 | 177.90 | 176.30 to 190.35 | -4.25% | 1.32 times |
| 29 Mon Apr 2024 | 185.80 | 185.00 to 194.00 | -2.67% | 0.72 times |
| 26 Fri Apr 2024 | 190.90 | 190.15 to 195.00 | -0.91% | 0.63 times |
| 25 Thu Apr 2024 | 192.65 | 189.45 to 196.75 | 0.5% | 0.95 times |
| 24 Wed Apr 2024 | 191.70 | 189.10 to 197.90 | -0.65% | 1.34 times |
| 23 Tue Apr 2024 | 192.95 | 191.50 to 198.65 | -1.18% | 0.76 times |
| 22 Mon Apr 2024 | 195.25 | 192.80 to 199.55 | 3.44% | 1.29 times |
| 19 Fri Apr 2024 | 188.75 | 185.20 to 192.95 | -3.06% | 1.12 times |
| 18 Thu Apr 2024 | 194.70 | 193.00 to 200.50 | 0.26% | 1.05 times |
| 16 Tue Apr 2024 | 194.20 | 192.30 to 204.00 | -2.88% | 1.69 times |
Technical analysis forecast for Reliance Infrastructure 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 Infrastructure Limited RELINFRA at this time. Stock is falling and might fall more.
It appears as if Reliance Infrastructure Limited RELINFRA gave a large move recently.
Stock of Reliance Infrastructure Limited (RELINFRA) 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 Infrastructure Limited is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 161.3 as stoploss in an intra day buy trade for a target of 205.66. However, stock will show a bearish move below 161.3.