RELIANCE - IntraDay Trade Analysis with Live Signals

Last Updated Time : 19 Sept 25, 2:16 pm

IntraDay Trade Rating: 4.2

🏢 Intraday Trading Analysis for RELIANCE

📊 Technical & Momentum Overview

Current Price: ₹1,415 — trading above both 50 DMA (₹1,402) and 200 DMA (₹1,378), indicating short-term bullish momentum.

RSI at 58.6: Mildly bullish, with room to rise before overbought territory.

MACD at 0.51: Positive crossover, supporting upward price action.

Volume: 1.00 Cr vs 82.6L average — above average, confirming strong intraday interest.

📈 Fundamental Snapshot

P/E of 50.8 vs Industry PE of 17.4: Overvalued, but justified by market dominance.

ROCE (7.57%) & ROE (6.61%): Moderate efficiency for a conglomerate.

Quarterly PAT Dip: ₹11,217 Cr → ₹10,036 Cr — slight decline, but still robust.

Institutional Activity: FII (+0.14%), DII (+0.36%) — net positive sentiment.

Debt-to-Equity (0.37): Healthy leverage.

PEG Ratio (-13.8): Negative due to valuation-growth mismatch — caution for long-term, less relevant intraday.

🎯 Intraday Strategy

✅ Optimal Buy Price

Buy Zone: ₹1,410–₹1,415

Entry near current price with tight stop-loss; confirm with RSI holding above 57 and MACD slope rising.

💰 Profit-Taking Levels

Target 1: ₹1,425 (minor resistance)

Target 2: ₹1,435 (next resistance zone)

Aggressive Target: ₹1,445+ only if RSI crosses 62 and MACD strengthens

🛡️ Stop-Loss

Stop-Loss Level: ₹1,398

Breach below this level signals breakdown risk and invalidates intraday setup.

🕒 Exit Strategy If Already Holding Today

Exit on Strength

If price nears ₹1,435–₹1,445 and RSI rises above 62 with volume surge, consider booking profits.

Exit on Weakness

If MACD flattens or RSI drops below 56 with price rejection at ₹1,425, exit partially.

Full exit if price breaks below ₹1,398 with rising volume.

RELIANCE offers a technically strong and liquid intraday setup today, ideal for breakout scalping with disciplined risk control. Let me know if you'd like to track this live or compare with other Nifty heavyweights showing similar setups.

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