(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 2024-03-13 View latest technical analysis
10 day averaged volume of Reliance Industries is 4954473
Date | Daily Closing Price | Open | High | Low | Volume |
13 Wed Mar 2024 | 2864.35 | 2959.55 | 2966.20 | 2855.55 | 1.365 times |
12 Tue Mar 2024 | 2950.85 | 2933.20 | 2976.00 | 2930.05 | 0.952 times |
11 Mon Mar 2024 | 2933.20 | 2978.00 | 2978.00 | 2927.00 | 1.138 times |
07 Thu Mar 2024 | 2957.85 | 3005.95 | 3006.20 | 2951.10 | 0.839 times |
06 Wed Mar 2024 | 3006.00 | 2986.90 | 3018.00 | 2957.00 | 0.788 times |
05 Tue Mar 2024 | 3000.40 | 3011.55 | 3014.80 | 2972.10 | 0.717 times |
04 Mon Mar 2024 | 3014.80 | 2980.95 | 3024.90 | 2974.45 | 1.012 times |
02 Sat Mar 2024 | 2982.15 | 2984.00 | 3000.90 | 2976.00 | 0.072 times |
01 Fri Mar 2024 | 2984.25 | 2927.00 | 3000.00 | 2925.00 | 1.224 times |
29 Thu Feb 2024 | 2921.60 | 2930.00 | 2957.95 | 2909.05 | 2.385 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 2877.4, for a target of 2920 or 2955.56
Share price targets for Reliance Industries (RELIANCE)
Target Type | Value |
Downside Target | 2275.20 |
Downside Target | 2377.60 |
Downside Target | 2568.95 |
Downside Target | 2836.10 |
Upside Target | 2951.10 |
Upside Target | 2969.45 |
Upside Target | 2978.00 |
Upside Target | 2995.10 |
Upside Target | 2999.90 |
Upside Target | 3000.90 |
Upside Target | 3024.90 |
Intraday share price targets for Reliance Industries (RELIANCE)
Target Type | Value |
Downside Intraday Target | 2820.6 |
Downside Intraday Target | 2776.85 |
Upside Intraday Target | 2943.05 |
Upside Intraday Target | 3021.75 |
Upside Intraday Target | 2899.3 |
Weekly technical analysis of Reliance Industries (RELIANCE)
Date | Weekly Closing Price | Open | High | Low | Volume |
13 Wed Mar 2024 | 2864.35 | 2978.00 | 2978.00 | 2855.55 | 1.029 times |
07 Thu Mar 2024 | 2957.85 | 2980.95 | 3024.90 | 2951.10 | 0.524 times |
02 Sat Mar 2024 | 2982.15 | 2987.10 | 3000.90 | 2900.35 | 1.067 times |
23 Fri Feb 2024 | 2987.25 | 2924.10 | 2995.10 | 2907.05 | 1.441 times |
16 Fri Feb 2024 | 2921.15 | 2921.50 | 2969.45 | 2884.70 | 0.759 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 Wed Mar 2024 | 2864.35 | 2927.00 | 3024.90 | 2855.55 | 0.336 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 |
29 Fri Dec 2023 | 2584.95 | 2378.00 | 2614.00 | 2377.60 | 1.233 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 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 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 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 Strong 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 SELL signal in short term and selling is picking up 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 2949.4 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 positive
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 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 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 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 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 Strong 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 SELL signal in short term and selling is picking up 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 2949.4 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 positive
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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