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

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

Reliance Infrastructure trades in NSE in Electric Utilities sector.

Showing technical analysis as on 2024-02-20 View latest technical analysis

10 day averaged volume of Reliance Infrastructure is 4575356

Date	Daily Closing Price	Open	High	Low	Volume
20 Tue Feb 2024	241.20	244.00	247.95	236.75	0.837 times
19 Mon Feb 2024	242.85	229.90	251.70	225.30	2.023 times
16 Fri Feb 2024	225.25	232.00	235.50	224.55	0.509 times
15 Thu Feb 2024	234.35	233.85	242.50	228.00	1.247 times
14 Wed Feb 2024	229.15	208.10	239.00	207.15	2.421 times
13 Tue Feb 2024	210.15	201.25	213.80	194.00	0.892 times
12 Mon Feb 2024	202.25	210.00	215.05	200.20	0.626 times
09 Fri Feb 2024	213.00	215.00	215.90	205.45	0.485 times
08 Thu Feb 2024	213.45	217.45	222.30	211.00	0.775 times
07 Wed Feb 2024	216.45	223.00	223.55	214.60	0.743 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 245.5, for a target of 232.4 or 221.58

Share price targets for Reliance Infrastructure (RELINFRA)

Target Type	Value
Downside Target	158.55
Downside Target	171.70
Downside Target	185.55
Downside Target	192.40
Downside Target	203.25
Downside Target	215.50
Downside Target	223.55
Downside Target	232.00
Downside Target	235.95
Upside Target	242.50
Upside Target	248.45
Upside Target	251.70

Intraday share price targets for Reliance Infrastructure (RELINFRA)

Target Type	Value
Downside Intraday Target	227.1
Downside Intraday Target	213
Upside Intraday Target	253.5
Upside Intraday Target	265.8
Downside Intraday Target	239.4

Weekly technical analysis of Reliance Infrastructure (RELINFRA)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Tue Feb 2024	241.20	229.90	251.70	225.30	0.502 times
16 Fri Feb 2024	225.25	210.00	242.50	194.00	2.161 times
09 Fri Feb 2024	213.00	221.95	223.55	205.45	0.978 times
02 Fri Feb 2024	221.95	219.95	235.95	219.00	1.657 times
25 Thu Jan 2024	215.25	217.95	226.90	205.10	0.578 times

Price has moved up 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 Reliance Infrastructure (RELINFRA)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Tue Feb 2024	241.20	233.45	251.70	194.00	0.647 times
31 Wed Jan 2024	231.05	211.00	248.45	203.25	1.259 times
29 Fri Dec 2023	209.80	192.05	232.00	185.55	2.391 times
30 Thu Nov 2023	189.75	184.45	192.40	171.70	0.383 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 Reliance Infrastructure (RELINFRA)

Price action analysis of Reliance Infrastructure ( (RELINFRA) ) 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 Infrastructure ( (RELINFRA) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Reliance Infrastructure ( (RELINFRA) ) 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 Infrastructure stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Reliance Infrastructure in short term and the buy signal is strong.

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

Reliance Infrastructure 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 green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a buy signal for Reliance Infrastructure in short term and BUY signal is strong.

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

MRSI is in negative zone. This is the SELL zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 227.17 and Reliance Infrastructure (RELINFRA) 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 Reliance Infrastructure (RELINFRA) stock. Volume based technical analysis of Reliance Infrastructure (RELINFRA) stock is negative.

Reliance Infrastructure Stock is giving positive 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.