June 11, 2025: Shares of Reliance Infrastructure, a key player in India’s power generation and distribution sector, closed at ₹414.9 on Wednesday, marking a 1.72% gain for the day. The stock exhibited notable volatility, hitting a low of ₹395 and a high of ₹414.9 during trading hours.
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Over the past 52 weeks, the stock has shown remarkable growth, moving between ₹169.75 and ₹410.1. Investors have seen significant returns recently, with a 61.19% increase over the past month and an impressive 81.97% rise in the last three months.
Technical Indicators Signal Bullish Momentum
Analysts point to strong technical signals supporting the upward trend. The daily pivot level is placed at ₹404.25, with resistance levels at ₹413.5, ₹419.25, and ₹428.5. Support levels stand at ₹398.5, ₹389.25, and ₹383.5 respectively.
The moving averages also highlight sustained momentum. The 5-day Simple Moving Average (SMA) is at ₹371.28, with the Exponential Moving Average (EMA) at ₹382.21. Longer-term averages, such as the 100-day SMA and EMA, stand at ₹263.27 and ₹277.76, respectively, indicating an overall uptrend.
Strong Sector Performance Compared to NTPC
Reliance Infrastructure has outpaced sector heavyweight NTPC across multiple timeframes. While Reliance Infrastructure posted gains of 7.2% over the last week, 59.84% over the last month, and 115.59% over the past year, NTPC lagged behind with a 3.34% weekly gain but showed declines of 2.41% monthly and 7.43% yearly.
Over three and five years, Reliance Infrastructure’s growth has been extraordinary, with returns of 320.73% and 1741.53% respectively, dwarfing NTPC’s 128.62% and 246.89% in the same periods.
Investor Takeaway
Reliance Infrastructure’s upward price movement, backed by solid technical indicators and strong sector performance, makes it an attractive option for investors eyeing the power sector. Traders should watch key resistance and support levels closely to capitalize on potential price movements.