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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 2024-08-08 View latest technical analysis

10 day averaged volume of Religare Enterprises is 1801365

Date	Daily Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	240.05	241.00	244.95	238.00	0.499 times
07 Wed Aug 2024	241.00	236.90	242.50	236.30	1.475 times
06 Tue Aug 2024	234.70	239.40	244.10	233.05	0.494 times
05 Mon Aug 2024	238.80	240.00	240.40	234.75	1.015 times
02 Fri Aug 2024	244.35	247.00	249.00	243.10	0.307 times
01 Thu Aug 2024	248.90	254.10	255.40	247.10	0.578 times
31 Wed Jul 2024	252.65	254.99	255.38	251.00	0.464 times
30 Tue Jul 2024	254.43	258.45	259.75	252.46	0.422 times
29 Mon Jul 2024	258.06	259.00	262.55	253.92	0.782 times
26 Fri Jul 2024	257.34	257.00	262.32	253.62	2.479 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 238.5 as stoploss in an intra day buy trade for a target of 245.75. However, stock will show a bearish move below 238.5.

Share price targets for Religare Enterprises (RELIGARE)

Target Type	Value
Downside Target	201.60
Downside Target	209.90
Downside Target	221.70
Downside Target	228.00
Downside Target	233.05
Upside Target	243.10
Upside Target	245.55
Upside Target	251.90
Upside Target	254.98
Upside Target	255.40
Upside Target	262.32
Upside Target	262.55
Upside Target	264.85

Intraday share price targets for Religare Enterprises (RELIGARE)

Target Type	Value
Downside Intraday Target	233.75
Downside Intraday Target	227.45
Upside Intraday Target	245.65
Upside Intraday Target	251.25
Downside Intraday Target	239.35

Weekly technical analysis of Religare Enterprises (RELIGARE)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	240.05	240.00	244.95	233.05	1.364 times
02 Fri Aug 2024	244.35	259.00	262.55	243.10	0.357 times
26 Fri Jul 2024	257.34	239.00	262.32	228.00	1.79 times
19 Fri Jul 2024	239.62	251.90	251.90	235.00	0.617 times
12 Fri Jul 2024	251.80	243.40	254.98	235.02	0.382 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
08 Thu Aug 2024	240.05	254.10	255.40	233.05	0.121 times
31 Wed Jul 2024	252.65	239.99	264.85	228.00	1.454 times
28 Fri Jun 2024	239.14	209.90	245.55	201.60	3.291 times
31 Fri May 2024	205.35	218.00	221.70	203.70	0.549 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 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 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 neutral. A longer time frame might give a better analysis.

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 SELL. Signal strength is Weak and stock is losing momentum.

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

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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a buy signal for Religare Enterprises in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 248.6 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 positive

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