Indian Stock Market Technical Analyzer

Market Overview

Nifty 50 19,425.35 +0.87%

Sensex 64,718.56 +0.92%

Nifty Bank 43,876.21 -0.34%

Nifty IT 33,456.78 +2.15%

Advancers 1,245

Decliners 756

My Watchlist

RELIANCE NSE

2,456.75 +1.25%

TCS NSE

3,567.20 -0.75%

HDFCBANK NSE

1,678.90 +0.45%

INFY NSE

1,456.30 +1.85%

Technical Indicators

Indicator Settings

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RELIANCE

NSE: RELIANCE | BSE: 500325

₹2,456.75 +1.25% (+₹30.50)

Technical Analysis Summary

Momentum Indicators

RSI (14): 62.45 (Neutral)

Stochastic %K: 78.32 (Overbought)

MACD: 12.45 (Bullish)

Trend Indicators

EMA (20): 2,412.30 (Price above)

SMA (50): 2,378.65 (Price above)

ADX (14): 28.76 (Strong Trend)

Volatility Indicators

Bollinger Bands: Near Upper Band (High Volatility)

ATR (14): 45.67 (High Volatility)

Average Volume: 4.5M (Above Avg)

Recommendation

Caution Advised

The stock is showing overbought conditions on short-term indicators (RSI > 70, Stochastic > 80) while maintaining a strong uptrend. Consider waiting for a pullback to key support levels (2,400-2,420) before entering new positions. Existing holders can maintain stop-loss at 2,380.

Today's Top Picks

TATASTEEL

NSE: TATASTEEL

Strong Buy

₹128.75 +3.45%

RSI: 42.1 (Oversold)

Support: ₹124.50

Target: ₹138.00

ITC

NSE: ITC

Buy

₹456.30 +1.85%

RSI: 58.3 (Neutral)

Support: ₹445.00

Target: ₹475.00

BHARTIARTL

NSE: BHARTIARTL

Strong Buy

₹876.45 +2.75%

RSI: 65.2 (Neutral)

Support: ₹855.00

Target: ₹925.00