Stock analysis Ravindra Energy Limited RELTD
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Recent prices of RELTD Ravindra Energy Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 10 Fri Jan 2025 | 122.33 | 120.32 to 128.99 | -2.93% | 1.06 times |
| 09 Thu Jan 2025 | 126.02 | 122.24 to 130.34 | -2.07% | 0.59 times |
| 08 Wed Jan 2025 | 128.68 | 126.00 to 131.91 | -0.79% | 0.41 times |
| 07 Tue Jan 2025 | 129.70 | 126.22 to 133.70 | 1.85% | 0.49 times |
| 06 Mon Jan 2025 | 127.34 | 127.06 to 134.09 | -4.79% | 0.73 times |
| 03 Fri Jan 2025 | 133.75 | 130.80 to 138.66 | 1.28% | 1.36 times |
| 02 Thu Jan 2025 | 132.06 | 126.26 to 132.06 | 4.99% | 0.4 times |
| 01 Wed Jan 2025 | 125.78 | 124.03 to 127.89 | 0.24% | 0.29 times |
| 31 Tue Dec 2024 | 125.48 | 122.00 to 126.78 | -8.76% | 0.17 times |
| 07 Mon Oct 2024 | 137.53 | 137.53 to 150.00 | -5% | 3.32 times |
| 04 Fri Oct 2024 | 144.77 | 139.94 to 144.77 | 5% | 2.25 times |
| 03 Thu Oct 2024 | 137.88 | 124.75 to 137.88 | 5% | 17.01 times |
Technical analysis forecast for Ravindra Energy Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Ravindra Energy Limited RELTD at this time. Stock is falling and might fall more.
It appears as if Ravindra Energy Limited RELTD gave a large move recently.
Stock of Ravindra Energy Limited (RELTD) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.
My analysis of Ravindra Energy Limited is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 117.3 as stoploss in an intra day buy trade for a target of 127.82. However, stock will show a bearish move below 117.3.