Technical Trend Shift and Moving Averages
As of 03 Dec 2025, the technical trend for Rel. Indl. Infra has shifted from mildly bearish to outright bearish. This transition is significant as it signals a strengthening of downward momentum. The daily moving averages, a key barometer for trend direction, are firmly bearish, indicating that the stock price is trading below its average levels and suggesting sustained selling pressure.
Moving averages often serve as dynamic support and resistance levels. The bearish stance here implies that the stock has struggled to maintain upward momentum and is likely to face resistance at higher price points. This is consistent with the recent price action where the current price of ₹851.90 remains well below the 52-week high of ₹1,259.6...
Read More










