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(RELIANCE) Reliance Industries complete technical analysis [charts+indicators] | Buy/Sell Reliance Industries | (RELIANCE) share price targets

Complete technical analysis of Reliance Industries (RELIANCE) by charts plus indicators, forecast predictions and share price targets for Reliance Industries (RELIANCE)

Reliance Industries trades in NSE in Integrated Oil & Gas sector.

Showing technical analysis as on 2024-11-06 View latest technical analysis

10 day averaged volume of Reliance Industries is 11132457

Date	Daily Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	1325.35	1310.00	1328.30	1300.20	1.943 times
05 Tue Nov 2024	1305.30	1293.00	1309.55	1286.15	1.461 times
04 Mon Nov 2024	1302.15	1337.85	1340.00	1285.10	1.778 times
01 Fri Nov 2024	1338.65	1333.05	1341.95	1333.00	0.191 times
31 Thu Oct 2024	1332.05	1340.00	1343.00	1326.15	0.838 times
30 Wed Oct 2024	1343.90	1335.00	1350.00	1325.35	1.077 times
29 Tue Oct 2024	1340.00	1328.10	1343.20	1320.30	1.079 times
28 Mon Oct 2024	1334.35	1337.00	1353.00	1322.10	0.972 times
25 Fri Oct 2024	2655.70	2687.00	2688.70	2644.00	0.835 times
24 Thu Oct 2024	2679.60	2670.55	2687.40	2646.25	0.995 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1479.3, but if it comes above 1479.3, then a intra day buy could be more profitable.
If you take a sell trade below 1479.3, then use 1479.3 as stoploss and 667.3 as target. However if you take a buy trade in stock , then use 1479.3 as stoploss and 2155.91 as target.

Share price targets for Reliance Industries (RELIANCE)

Target Type	Value
Downside Target	1285.10
Downside Target	1320.30
Upside Target	2644.00
Upside Target	2802.00
Upside Target	2866.50
Upside Target	2891.75
Upside Target	2926.00
Upside Target	2975.90
Upside Target	3066.95
Upside Target	3079.45
Upside Target	3217.60

Intraday share price targets for Reliance Industries (RELIANCE)

Target Type	Value
Downside Intraday Target	1293.63
Downside Intraday Target	1261.92
Upside Intraday Target	1348.53
Upside Intraday Target	1371.72
Downside Intraday Target	1316.82

Weekly technical analysis of Reliance Industries (RELIANCE)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	1325.35	1337.85	1340.00	1285.10	1.247 times
01 Fri Nov 2024	1338.65	1337.00	1353.00	1320.30	1.053 times
25 Fri Oct 2024	2655.70	2734.25	2752.00	2644.00	0.938 times
18 Fri Oct 2024	2718.60	2758.90	2760.15	2675.25	1.117 times
11 Fri Oct 2024	2744.20	2787.00	2802.00	2722.75	0.709 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Reliance Industries (RELIANCE)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	1325.35	1333.05	1341.95	1285.10	0.269 times
31 Thu Oct 2024	1332.05	2961.30	2975.90	1320.30	1.494 times
30 Mon Sep 2024	2953.15	3021.75	3066.95	2891.75	1.147 times
30 Fri Aug 2024	3019.25	3024.00	3079.45	2866.50	1.128 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Reliance Industries (RELIANCE)

Price action analysis of Reliance Industries ( (RELIANCE) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Reliance Industries ( (RELIANCE) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Reliance Industries ( (RELIANCE) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Reliance Industries stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Reliance Industries in short term and the sell signal is strong.

Reliance Industries Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Reliance Industries in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Reliance Industries is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1543.89 and Reliance Industries (RELIANCE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Reliance Industries (RELIANCE) stock. Volume based technical analysis of Reliance Industries (RELIANCE) stock is negative.

Reliance Industries Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.