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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 2024-06-12 View latest technical analysis

10 day averaged volume of Religare Enterprises is 1437555

Date	Daily Closing Price	Open	High	Low	Volume
12 Wed Jun 2024	219.17	219.00	220.40	216.82	0.758 times
11 Tue Jun 2024	218.65	218.40	220.50	215.97	0.349 times
10 Mon Jun 2024	218.32	220.39	223.34	217.85	0.385 times
07 Fri Jun 2024	220.80	217.25	222.80	216.35	0.853 times
06 Thu Jun 2024	217.25	219.90	220.90	215.30	1.015 times
05 Wed Jun 2024	212.65	212.55	213.95	205.50	0.74 times
04 Tue Jun 2024	213.10	218.00	218.00	201.60	2.079 times
03 Mon Jun 2024	219.95	209.90	220.40	208.15	3.382 times
31 Fri May 2024	205.35	205.25	208.90	203.95	0.328 times
30 Thu May 2024	205.05	210.00	211.45	203.70	0.627 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 220 as stoploss in an intra day sell trade for a target of 215.52. However, stock will show a bullish move above 220.

Share price targets for Religare Enterprises (RELIGARE)

Target Type	Value
Downside Target	201.60
Downside Target	208.40
Upside Target	220.80
Upside Target	221.70
Upside Target	222.80
Upside Target	223.34
Upside Target	224.45
Upside Target	234.70
Upside Target	240.95
Upside Target	245.95

Intraday share price targets for Religare Enterprises (RELIGARE)

Target Type	Value
Downside Intraday Target	215.65
Downside Intraday Target	212.12
Upside Intraday Target	223.02
Upside Intraday Target	226.86
Upside Intraday Target	219.49

Weekly technical analysis of Religare Enterprises (RELIGARE)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Wed Jun 2024	219.17	220.39	223.34	215.97	0.185 times
07 Fri Jun 2024	220.80	209.90	222.80	201.60	3.476 times
31 Fri May 2024	205.35	214.90	215.50	203.70	1.813 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

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

Monthly technical analysis of Religare Enterprises (RELIGARE)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Wed Jun 2024	219.17	209.90	223.34	201.60	1.007 times
31 Fri May 2024	205.35	218.00	221.70	203.70	0.549 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

Scroll below to view daily charts

Price has moved up 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Religare Enterprises ( (RELIGARE) ) 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 Religare Enterprises ( (RELIGARE) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Religare Enterprises ( (RELIGARE) ) 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 Religare Enterprises stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Religare Enterprises in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Religare Enterprises Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Religare Enterprises in short term and BUY 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 216.39 and Religare Enterprises (RELIGARE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 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.