RELIANCE - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.8
| Stock Code | RELIANCE | Market Cap | 19,36,235 Cr. | Current Price | 1,431 ₹ | High / Low | 1,612 ₹ |
| Stock P/E | 44.2 | Book Value | 418 ₹ | Dividend Yield | 0.38 % | ROCE | 7.89 % |
| ROE | 7.91 % | Face Value | 10.0 ₹ | DMA 50 | 1,385 ₹ | DMA 200 | 1,416 ₹ |
| Chg in FII Hold | -0.42 % | Chg in DII Hold | 0.36 % | PAT Qtr | 7,422 Cr. | PAT Prev Qtr | 9,396 Cr. |
| RSI | 61.6 | MACD | 5.12 | Volume | 3,56,99,233 | Avg Vol 1Wk | 3,40,19,994 |
| Low price | 1,290 ₹ | High price | 1,612 ₹ | PEG Ratio | -45.5 | Debt to equity | 0.41 |
| 52w Index | 43.8 % | Qtr Profit Var | -33.8 % | EPS | 32.4 ₹ | Industry PE | 15.7 |
📈 Optimal Buy Price: 1,425–1,440 ₹
🎯 Profit-Taking Levels: 1,465–1,485 ₹
🛡️ Stop-Loss / Exit Zone: 1,410 ₹
⏳ Intraday Exit Guidance:
- Exit if price fails to sustain above 1,425 ₹ with weakening volume.
- Book profits near 1,465–1,485 ₹ if RSI approaches 65+ and momentum slows.
- Intraday exit if MACD momentum fades or RSI dips below 58 with declining participation.
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Positive
- EPS at 32.4 ₹ supports earnings base.
- Trading above both 50 DMA (1,385 ₹) and 200 DMA (1,416 ₹).
- Strong liquidity with volume above 3.5 Cr. shares.
- DII inflows (+0.36%) show domestic investor confidence.
- RSI at 61.6 and MACD positive (5.12) indicate momentum support.
Limitation
- P/E at 44.2 vs industry average of 15.7 shows stretched valuation.
- ROCE (7.89%) and ROE (7.91%) remain weak.
- PEG ratio negative (-45.5), suggesting poor growth valuation.
- Dividend yield low at 0.38%.
- Quarterly PAT declined sharply (7,422 Cr. vs 9,396 Cr., -33.8%).
Company Negative News
- FII holdings reduced (-0.42%), showing weaker foreign sentiment.
- Profit contraction raises sustainability concerns.
Company Positive News
- Technical breakout supported by MACD and RSI.
- Strong liquidity ensures intraday trade viability.
- DII inflows provide domestic support.
Industry
- Industry PE at 15.7, much lower than company’s valuation.
- Energy and diversified sector supported by infrastructure and retail expansion.
- Competitive landscape with moderate growth outlook.
Conclusion
RELIANCE is a moderate intraday candidate with strong liquidity and technical support, but stretched valuations and declining profits limit upside. Tactical trades are viable with strict stop-loss near 1,410 ₹ and profit exits around 1,465–1,485 ₹. Existing holders should monitor RSI and MACD closely for intraday exit signals.
Would you like me to extend this into a sector overlay vs. ONGC and Adani Enterprises, so you can benchmark RELIANCE’s intraday setup against other diversified energy and infrastructure peers?