Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(RCOM_BE) Reliance Communications complete technical analysis [charts+indicators] | Buy/Sell Reliance Communications | (RCOM_BE) share price targets

Complete technical analysis of Reliance Communications (RCOM_BE) by charts plus indicators, forecast predictions and share price targets for Reliance Communications (RCOM_BE)

Showing technical analysis as on 2025-01-06 View latest technical analysis

10 day averaged volume of Reliance Communications is 3329565

Date	Daily Closing Price	Open	High	Low	Volume
06 Mon Jan 2025	1.88	1.88	1.88	1.88	0.577 times
30 Mon Dec 2024	1.98	1.98	1.98	1.98	0.113 times
23 Mon Dec 2024	2.09	2.09	2.09	2.09	0.138 times
16 Mon Dec 2024	2.20	2.20	2.20	2.20	0.283 times
09 Mon Dec 2024	2.32	2.35	2.35	2.25	2.035 times
06 Fri Dec 2024	2.24	2.24	2.24	2.17	1.912 times
05 Thu Dec 2024	2.14	2.14	2.14	2.04	2.245 times
04 Wed Dec 2024	2.04	2.04	2.04	2.04	0.488 times
03 Tue Dec 2024	1.95	1.95	1.95	1.95	0.428 times
02 Mon Dec 2024	1.86	1.86	1.86	1.86	1.929 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1.9, but if it comes above 1.9, then a intra day buy could be more profitable.
If you take a sell trade below 1.9, then use 1.9 as stoploss and 1.7 as target. However if you take a buy trade in stock , then use 1.9 as stoploss and 2.14 as target.

Share price targets for Reliance Communications (RCOM_BE)

Target Type	Value
Downside Target	1.78
Downside Target	1.86
Upside Target	1.98
Upside Target	2.04
Upside Target	2.09
Upside Target	2.20
Upside Target	2.25
Upside Target	2.35
Upside Target	2.58

Intraday share price targets for Reliance Communications (RCOM_BE)

Target Type	Value
Downside Intraday Target	1.88
Downside Intraday Target	1.88
Downside Intraday Target	1.88
Downside Intraday Target	1.88
Downside Intraday Target	1.88

Weekly technical analysis of Reliance Communications (RCOM_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Mon Jan 2025	1.88	1.88	1.88	1.88	5.1 times
30 Mon Dec 2024	1.98	1.98	1.98	1.98	0.821 times
23 Mon Dec 2024	2.09	2.09	2.09	2.09	0.486 times
16 Mon Dec 2024	2.20	2.20	2.20	2.20	0.139 times
09 Mon Dec 2024	2.32	2.35	2.35	2.25	0.291 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Reliance Communications (RCOM_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Mon Jan 2025	1.88	1.88	1.88	1.88	0.06 times
30 Mon Dec 2024	1.98	1.86	2.35	1.86	9.217 times
25 Mon Nov 2024	1.78	2.09	2.09	1.78	0.078 times
28 Mon Oct 2024	2.20	2.04	2.58	2.04	1.179 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Reliance Communications (RCOM_BE)

Price action analysis of Reliance Communications ( (RCOM_BE) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Reliance Communications ( (RCOM_BE) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Reliance Communications ( (RCOM_BE) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Reliance Communications ( (RCOM_BE) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Reliance Communications stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Reliance Communications in short term and the sell signal is strong.

Reliance Communications Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Reliance Communications in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Reliance Communications is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2.11 and Reliance Communications (RCOM_BE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Reliance Communications (RCOM_BE) stock. Volume based technical analysis of Reliance Communications (RCOM_BE) stock is negative.

Reliance Communications Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.