Religare -long for 40 % upmovedecent valuation and financial strength
price broke out of an ascending triangle pattern and has restested the level
price is bouncing from 200 day EMA and price has also crossed 18 & 50 day EMA
target and SL marked
110.95INR
30.82 BINR
46.77 BINR
158.97 M
About RELIGARE ENTERPRISES LTD.
Sector
Industry
Headquarters
New Delhi
Website
Employees (FY)
34
Founded
1984
ISIN
INE621H01010
FIGI
BBG000RMPZJ6
Religare Enterprises Ltd. is a holding company, which engages in the provision of financial services. It offers lending, health insurance, and retail broking. It operates through the following segments: Investment and Financing Activities; and Support Services. The company was founded on January 30, 1984 and is headquartered in Noida, India.
Religare Ready To Double In Next Few Months-The price has successfully retested the trendline support.
-Over the last 10 weeks, there has been a sideways consolidation pattern.
-Noteworthy volumes have been recorded in the past 2 weeks.
-Weekly candles exhibit lower wicks, suggesting increased demand.
-On the daily chart, the Commodity Chann
RELIGARE - Bullish Spinning Top with VolumesNSE: RELIGARE is closing with a bullish spinning top candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which
Religare - reversed perfectly from trendline support#RELIGARE Low risk setup
-> Price has retested trendline support
-> Sideways consolidation for the last 10 weeks
-> Good volumes in the last 2 weeks
-> Lower wicks observed in weekly candles indicating demand
-> CCI crossing 100 on daily after 4 months
Stop - 210 or 6.25%
RELIGARE 200 DAY EMAReligare (NSE) taking very good support on 200 Daily EMA. Monthly and Weekly RSI looking quite strong.
JACKPOT SETUP FOR RELIGARE ENTERPRISESbuy above 175
tgt-200\250\300
sl-150
buy above 175
tgt-200\250\300
sl-150
buy above 175
tgt-200\250\300
sl-150
RELIGARE - Long Setup, Move is ON..NSE:RELIGARE
✅ #RELIGARE gave a breakout entry at 153.45 when it broke out from a channel after consolidation (as shown in chart)
✅ It is now trading above Resistance of 254
✅ Next Resistance is at 298
Previous charts:
Charts are self-explanatory. Levels of breakout, possible up-mov
Stock Broker on Fire : +100% upside potentialAfter a long consolidation period stock is trying to come out of the range.
Chart is showing strength, keep an eye on the stock for long term
Levels & Logic mentioned on the chart
Wish You Happy & safe trading
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Religare Enterprises stock technical analaysis long opportunity
This technical analysis report for Religare Enterprises stock provides an overview of the current trend, support and resistance levels, moving averages, and RSI.
The report concludes that the stock is in a bullish trend, but it may be due for a correction. Investors should wait for the stock to co
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Frequently Asked Questions
The current price of RELIGARE is 219.55 INR — it has decreased by 0.77% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on BSE exchange RELIGARE ENTERPRISES LTD. stocks are traded under the ticker RELIGARE.
RELIGARE ENTERPRISES LTD. is going to release the next earnings report on May 30, 2024. Keep track of upcoming events with our Earnings Calendar.
RELIGARE stock is 1.84% volatile and has beta coefficient of 0.02. Check out the list of the most volatile stocks — is RELIGARE ENTERPRISES LTD. there?
Yes, you can track RELIGARE ENTERPRISES LTD. financials in yearly and quarterly reports right on TradingView.
RELIGARE stock has fallen by 5.65% compared to the previous week, the month change is a 3.71% rise, over the last year RELIGARE ENTERPRISES LTD. has showed a 43.54% increase.
RELIGARE net income for the last quarter is 194.98 M INR, while the quarter before that showed 253.05 M INR of net income which accounts for −22.95% change. Track more RELIGARE ENTERPRISES LTD. financial stats to get the full picture.
Today RELIGARE ENTERPRISES LTD. has the market capitalization of 73.56 B, it has increased by 1.80% over the last week.
No, RELIGARE doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
Like other stocks, RELIGARE shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade RELIGARE ENTERPRISES LTD. stock right from TradingView charts — choose your broker and connect to your account.
As of Apr 19, 2024, the company has 34.00 employees. See our rating of the largest employees — is RELIGARE ENTERPRISES LTD. on this list?
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So RELIGARE ENTERPRISES LTD. technincal analysis shows the sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating RELIGARE ENTERPRISES LTD. stock shows the buy signal. See more of RELIGARE ENTERPRISES LTD. technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. RELIGARE ENTERPRISES LTD. EBITDA is 4.18 B INR, and current EBITDA margin is 4.50%. See more stats in RELIGARE ENTERPRISES LTD. financial statements.