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(RELIGARE) Religare Enterprises complete technical analysis [charts+indicators] | Buy/Sell Religare Enterprises | (RELIGARE) share price targets

Complete technical analysis of Religare Enterprises (RELIGARE) by charts plus indicators, forecast predictions and share price targets for Religare Enterprises (RELIGARE)

Religare Enterprises trades in NSE in Other Financial Services sector.

Showing technical analysis as on 2024-05-30 View latest technical analysis

10 day averaged volume of Religare Enterprises is 504563

Date	Daily Closing Price	Open	High	Low	Volume
30 Thu May 2024	205.05	210.00	211.45	203.70	1.787 times
29 Wed May 2024	210.55	211.00	211.90	209.25	0.685 times
28 Tue May 2024	212.20	213.00	215.50	210.55	2.635 times
27 Mon May 2024	213.45	214.90	215.00	212.50	0.573 times
24 Fri May 2024	213.60	216.95	217.40	212.00	0.64 times
23 Thu May 2024	218.60	219.05	220.00	216.20	0.81 times
22 Wed May 2024	219.30	220.80	220.80	215.50	1.118 times
21 Tue May 2024	218.80	217.50	220.50	214.55	1.081 times
18 Sat May 2024	217.80	216.90	218.40	216.55	0.116 times
17 Fri May 2024	216.65	218.50	221.30	216.00	1.902 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 207.8, for a target of 212.1 or 215.72

Share price targets for Religare Enterprises (RELIGARE)

Target Type	Value
Downside Target	203.70
Upside Target	220.80
Upside Target	221.30
Upside Target	221.70
Upside Target	222.70
Upside Target	224.45
Upside Target	234.70
Upside Target	240.95
Upside Target	245.95
Upside Target	246.30

Intraday share price targets for Religare Enterprises (RELIGARE)

Target Type	Value
Downside Intraday Target	200.67
Downside Intraday Target	196.28
Upside Intraday Target	212.47
Upside Intraday Target	219.88
Upside Intraday Target	208.08

Weekly technical analysis of Religare Enterprises (RELIGARE)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Thu May 2024	205.05	214.90	215.50	203.70	1.556 times
24 Fri May 2024	213.60	217.50	220.80	212.00	0.48 times
18 Sat May 2024	217.80	212.40	221.30	211.25	1.042 times
10 Fri May 2024	212.35	216.60	218.20	210.15	1.576 times
03 Fri May 2024	216.60	219.00	222.70	215.00	0.417 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 Religare Enterprises (RELIGARE)

Date	Monthly Closing Price	Open	High	Low	Volume
30 Thu May 2024	205.05	218.00	221.70	203.70	0.53 times
30 Tue Apr 2024	219.55	209.90	234.70	209.90	1.202 times
28 Thu Mar 2024	209.25	238.70	240.95	208.40	0.592 times
29 Thu Feb 2024	236.75	238.75	245.95	224.45	0.42 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 Religare Enterprises (RELIGARE)

Price action analysis of Religare Enterprises ( (RELIGARE) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Religare Enterprises ( (RELIGARE) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Religare Enterprises ( (RELIGARE) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Religare Enterprises stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Religare Enterprises in short term and the sell signal is strong.

Religare Enterprises Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 Religare Enterprises in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Religare Enterprises is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 213.7 and Religare Enterprises (RELIGARE) 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 Religare Enterprises (RELIGARE) stock. Volume based technical analysis of Religare Enterprises (RELIGARE) stock is negative.

Religare Enterprises Stock has given negative 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.