Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-12-13 View latest technical analysis

10 day averaged volume of Reliance Industries is 14992564

Date	Daily Closing Price	Open	High	Low	Volume
13 Fri Dec 2024	1272.85	1260.00	1275.20	1239.60	1.91 times
12 Thu Dec 2024	1262.90	1270.00	1278.20	1260.60	1.394 times
11 Wed Dec 2024	1278.20	1285.00	1290.00	1276.05	0.782 times
10 Tue Dec 2024	1284.85	1289.25	1294.90	1280.20	1.07 times
09 Mon Dec 2024	1295.15	1303.00	1315.00	1293.10	0.977 times
06 Fri Dec 2024	1311.55	1323.90	1323.90	1310.00	0.603 times
05 Thu Dec 2024	1322.05	1314.35	1329.95	1306.15	1.124 times
04 Wed Dec 2024	1308.95	1326.00	1328.40	1304.05	1.308 times
03 Tue Dec 2024	1323.30	1317.00	1326.80	1307.00	1.125 times
02 Mon Dec 2024	1309.15	1288.00	1311.35	1277.05	0.735 times

My analysis of stock is bearish for shortterm, and stock might move down till 1257.9 or till 1227.5. Use a stoploss of 1283.31 and if the stock hits stoploss, then it can shoot up till 1308.67

Share price targets for Reliance Industries (RELIANCE)

Target Type	Value
Downside Target	1217.25
Upside Target	1320.30
Upside Target	1329.95
Upside Target	1341.95
Upside Target	2866.50
Upside Target	2891.75
Upside Target	2975.90
Upside Target	3066.95
Upside Target	3079.45

Intraday share price targets for Reliance Industries (RELIANCE)

Target Type	Value
Downside Intraday Target	1236.63
Downside Intraday Target	1200.42
Upside Intraday Target	1312.03
Upside Intraday Target	1351.22
Upside Intraday Target	1275.82

Weekly technical analysis of Reliance Industries (RELIANCE)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Fri Dec 2024	1272.85	1303.00	1315.00	1239.60	1.253 times
06 Fri Dec 2024	1311.55	1288.00	1329.95	1277.05	0.966 times
29 Fri Nov 2024	1292.20	1290.00	1304.45	1269.05	1.122 times
22 Fri Nov 2024	1265.40	1267.60	1281.50	1217.25	1.441 times
14 Thu Nov 2024	1267.60	1278.95	1289.30	1249.50	0.539 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
13 Fri Dec 2024	1272.85	1288.00	1329.95	1239.60	0.591 times
29 Fri Nov 2024	1292.20	1333.05	1341.95	1217.25	1.258 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

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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 gaining momentum.

MACD generated a BUY signal for Reliance Industries in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 SELL signal for Reliance Industries in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 1294.09 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.