RELIANCE - IntraDay Trade Analysis with Live Signals

Last Updated Time : 05 Nov 25, 7:43 am

IntraDay Trade Rating: 4.2

🛢️ RELIANCE shows strong momentum, volume stability, and institutional support, making it a solid candidate for intraday trading.

📈 Positive

• 📊 MACD at 26.9 and RSI at 62.4 indicate bullish momentum with room for upside.
• 📈 Price trading above DMA 50 (₹1,422) and DMA 200 (₹1,389), confirming trend strength.
• 📈 Volume of 1.02 Cr. matches 1-week average, showing consistent intraday participation.
• 📈 Quarterly PAT of ₹9,129 Cr. with 18.4% YoY growth reflects earnings strength.
• 📈 DII holding increased by 0.53%, indicating strong domestic institutional confidence.

⚠️ Limitation

• 📉 P/E of 51.0 vs. industry P/E of 20.3 suggests premium valuation.
• 📉 PEG ratio of -13.8 signals valuation distortion due to earnings volatility.
• 📉 ROCE at 7.57% and ROE at 6.61% reflect moderate capital efficiency for its size.
• 📉 FII holding declined by 0.56%, showing foreign investor caution.

🚫 Company Negative News

• 📉 Sequential PAT decline from ₹10,036 Cr. to ₹9,129 Cr. may indicate margin pressure.

✅ Company Positive News

• 🛢️ Strong performance in retail, telecom, and energy segments continues to drive diversified revenue growth.
• 📢 Strategic investments in green energy and digital infrastructure support long-term scalability.

🏭 Industry

• 🏭 Industry P/E of 20.3 reflects moderate growth expectations across energy, telecom, and retail sectors.
• 📈 Sector supported by consumption recovery, infrastructure push, and digital transformation.

📌 Conclusion

• ✅ RELIANCE is a strong intraday candidate with bullish momentum and volume stability.
• 💡 Consider buying near ₹1,468–₹1,472 with target at ₹1,485–₹1,495 and stop-loss at ₹1,458.
• 📤 If already holding, exit if price crosses ₹1,492 with volume > 1.05 Cr. or RSI > 66.

I can also chart RELIANCE’s intraday support and resistance zones to help refine your trade setup.