RELIANCE - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.8
| Stock Code | RELIANCE | Market Cap | 19,07,618 Cr. | Current Price | 1,408 ₹ | High / Low | 1,612 ₹ |
| Stock P/E | 48.0 | Book Value | 413 ₹ | Dividend Yield | 0.39 % | ROCE | 7.57 % |
| ROE | 6.61 % | Face Value | 10.0 ₹ | DMA 50 | 1,427 ₹ | DMA 200 | 1,433 ₹ |
| Chg in FII Hold | 0.44 % | Chg in DII Hold | -0.15 % | PAT Qtr | 9,396 Cr. | PAT Prev Qtr | 9,129 Cr. |
| RSI | 49.8 | MACD | -9.44 | Volume | 1,01,74,980 | Avg Vol 1Wk | 1,89,22,057 |
| Low price | 1,115 ₹ | High price | 1,612 ₹ | PEG Ratio | -13.0 | Debt to equity | 0.37 |
| 52w Index | 59.1 % | Qtr Profit Var | 7.74 % | EPS | 35.2 ₹ | Industry PE | 13.7 |
📊 Analysis: RELIANCE shows moderate intraday potential. Current price (₹1,408) is slightly below both 50 DMA (₹1,427) and 200 DMA (₹1,433), reflecting short-term weakness. RSI at 49.8 indicates neutral momentum, while MACD (-9.44) suggests mild bearish bias. Volume is significantly lower than the 1-week average, showing reduced participation. The stock is trading within its 52-week range (₹1,115–₹1,612), leaving room for intraday swings but capped by stretched valuations.
💰 Optimal Buy Price: Around ₹1,400–1,410 if support holds.
🎯 Profit-Taking Levels: ₹1,430–1,450 (short-term resistance).
🛡️ Stop-Loss: ₹1,385 (below near-term support).
⏱️ If Already Holding: Exit near ₹1,430–1,450 if momentum slows. If price breaks below ₹1,385 with strong volume, consider intraday exit to protect capital.
Positive
- Quarterly PAT improved (₹9,396 Cr vs ₹9,129 Cr).
- EPS at ₹35.2 supports valuation.
- FII holdings increased (+0.44%).
- Strong market leadership and diversified business portfolio.
Limitation
- High P/E (48.0) compared to industry average (13.7).
- ROCE (7.57%) and ROE (6.61%) are modest.
- PEG ratio negative (-13.0), reflecting poor earnings growth outlook.
- Volume significantly below weekly average, limiting intraday strength.
Company Negative News
- DII holdings reduced (-0.15%).
- Stock trading below both 50 DMA and 200 DMA.
- Bearish momentum indicators (MACD).
Company Positive News
- Quarterly profit growth of 7.74%.
- FII inflows support sentiment.
- Strong EPS performance and diversified revenue streams.
Industry
- Industry PE at 13.7, RELIANCE trades at a steep premium (48.0).
- Energy, telecom, and retail sectors benefit from structural demand, though cyclical risks remain.
Conclusion
⚖️ RELIANCE is a moderate candidate for intraday trading today. While fundamentals and FII inflows are supportive, momentum indicators remain weak and valuations are stretched. Traders should attempt entries near support with strict stop-loss discipline and aim for quick exits at resistance. Long-term investors may hold for diversification and growth, but intraday upside remains limited.
Would you like me to prepare a peer benchmarking overlay with sector leaders like ONGC, Bharti Airtel, and Adani Enterprises so you can compare RELIANCE’s intraday setup against diversified peers for confirmation signals?