RELIANCE - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.3
| Stock Code | RELIANCE | Market Cap | 18,26,084 Cr. | Current Price | 1,350 ₹ | High / Low | 1,612 ₹ |
| Stock P/E | 41.6 | Book Value | 418 ₹ | Dividend Yield | 0.41 % | ROCE | 7.89 % |
| ROE | 7.91 % | Face Value | 10.0 ₹ | DMA 50 | 1,379 ₹ | DMA 200 | 1,410 ₹ |
| Chg in FII Hold | -0.42 % | Chg in DII Hold | 0.36 % | PAT Qtr | 7,422 Cr. | PAT Prev Qtr | 9,396 Cr. |
| RSI | 45.2 | MACD | -8.61 | Volume | 1,50,35,777 | Avg Vol 1Wk | 1,27,43,146 |
| Low price | 1,290 ₹ | High price | 1,612 ₹ | PEG Ratio | -42.9 | Debt to equity | 0.41 |
| 52w Index | 18.6 % | Qtr Profit Var | -33.8 % | EPS | 32.4 ₹ | Industry PE | 14.6 |
Analysis:
RELIANCE is trading at 1,350 ₹, below both DMA 50 (1,379 ₹) and DMA 200 (1,410 ₹), showing short-term and medium-term weakness. RSI at 45.2 indicates neutral-to-weak momentum, while MACD at -8.61 suggests bearish crossover. Volume (1,50,35,777) is above the 1-week average (1,27,43,146), reflecting strong participation, but fundamentals remain stretched with high P/E (41.6 vs industry 14.6) and declining quarterly PAT (-33.8%). ROE (7.91%) and ROCE (7.89%) are modest compared to peers.
Optimal Buy Price:
Entry zone: 1,340–1,350 ₹ if price stabilizes with rising volume.
Exit Levels:
- Profit-taking: 1,370–1,385 ₹ (near-term resistance)
- Stop-loss: 1,325 ₹ (below intraday support)
If Already Holding:
Exit intraday if price fails to hold above 1,340 ₹ or if RSI dips below 44 with weakening volume. Trail stop-loss to 1,350 ₹ once price moves above 1,370 ₹.
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Positive
- EPS at ₹32.4 supports valuation comfort
- Dividend yield at 0.41% provides income support
- DII holding increased (+0.36%), showing domestic investor confidence
- Strong trading volume above average indicates active participation
Limitation
- High P/E (41.6 vs industry 14.6) indicates overvaluation
- PEG ratio (-42.9) reflects poor growth prospects
- Price trading below DMA 50 and DMA 200 signals technical weakness
- ROE (7.91%) and ROCE (7.89%) remain weak compared to peers
Company Negative News
- Quarterly PAT declined (9,396 Cr. → 7,422 Cr., -33.8%)
- FII holding reduced (-0.42%), showing weaker foreign sentiment
- Weak momentum indicators (MACD negative, RSI below 50)
Company Positive News
- DII inflows highlight domestic investor confidence
- EPS stability provides valuation comfort
- Strong volume participation despite weakness
Industry
- Industry PE at 14.6 highlights sector trading at lower multiples
- Energy and telecom sector supported by long-term demand
- Competitive landscape with peers offering stronger profitability metrics
Conclusion
RELIANCE is a weak-to-moderate intraday candidate with strong volume but weak fundamentals and bearish technicals. Optimal buy near 1,340–1,350 ₹ with profit exits around 1,370–1,385 ₹. Stop-loss at 1,325 ₹ is essential. Existing holders should trail stops and monitor RSI/volume closely for intraday exit signals.
This structured HTML report captures RELIANCE’s intraday setup with clear entry/exit logic. Would you like me to extend this into a sector overlay comparison against ONGC and BPCL for sharper benchmarking?