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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.

10 day averaged volume of Reliance Industries is 6104475

Date Daily Closing Price Open High Low Volume
24 Wed Apr 2024 2900.35 2927.00 2937.10 2899.00 0.857 times
23 Tue Apr 2024 2918.65 2958.00 2987.00 2911.10 1.196 times
22 Mon Apr 2024 2959.70 2944.90 2965.65 2935.60 0.848 times
19 Fri Apr 2024 2940.25 2913.55 2948.00 2886.05 1.289 times
18 Thu Apr 2024 2928.65 2927.00 2972.00 2918.70 1.557 times
16 Tue Apr 2024 2931.50 2906.70 2942.35 2901.85 0.767 times
15 Mon Apr 2024 2929.65 2922.00 2964.25 2892.65 1.057 times
12 Fri Apr 2024 2934.30 2951.75 2972.95 2926.15 1.274 times
10 Wed Apr 2024 2959.15 2932.70 2974.00 2932.70 0.748 times
09 Tue Apr 2024 2927.30 2978.00 2979.60 2925.00 0.579 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2912.6, but if it comes above 2912.6, then a intra day buy could be more profitable.
If you take a sell trade below 2912.6, then use 2912.6 as stoploss and 2880.7 as target. However if you take a buy trade in stock , then use 2912.6 as stoploss and 2939.24 as target.

Share price targets for Reliance Industries (RELIANCE)

Target Type Value
Downside Target 2377.60
Downside Target 2568.95
Downside Target 2825.80
Upside Target 2972.00
Upside Target 2981.95
Upside Target 2987.00
Upside Target 2988.00
Upside Target 2999.90
Upside Target 3011.90
Upside Target 3024.90

Intraday share price targets for Reliance Industries (RELIANCE)

Target Type Value
Downside Intraday Target 2870.57
Downside Intraday Target 2840.78
Upside Intraday Target 2958.57
Upside Intraday Target 3016.78
Upside Intraday Target 2928.78

Weekly technical analysis of Reliance Industries (RELIANCE)

Date Weekly Closing Price Open High Low Volume
24 Wed Apr 2024 2900.35 2944.90 2987.00 2899.00 0.621 times
19 Fri Apr 2024 2940.25 2922.00 2972.00 2886.05 1.421 times
12 Fri Apr 2024 2934.30 2925.95 2981.95 2922.00 0.936 times
05 Fri Apr 2024 2920.20 2984.95 2988.00 2900.00 0.864 times
28 Thu Mar 2024 2971.70 2890.00 3011.90 2878.00 0.848 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
24 Wed Apr 2024 2900.35 2984.95 2988.00 2886.05 0.776 times
28 Thu Mar 2024 2971.70 2927.00 3024.90 2825.80 0.947 times
29 Thu Feb 2024 2921.60 2870.00 2999.90 2836.10 0.898 times
31 Wed Jan 2024 2853.25 2580.55 2919.95 2568.95 1.041 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Reliance Industries ( (RELIANCE) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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

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

Reliance Industries Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Reliance Industries in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2932.34 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.

Price action analysis of Reliance Industries ( (RELIANCE) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Reliance Industries ( (RELIANCE) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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

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

Reliance Industries Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Reliance Industries in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2932.34 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.

Click here for Reliance Industries charts

Click here for further forecast and predictions for tomorrow

Daily charts

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