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 2024-04-01 View latest technical analysis

10 day averaged volume of Reliance Industries is 7293017

Date	Daily Closing Price	Open	High	Low	Volume
01 Mon Apr 2024	2969.55	2984.95	2987.95	2965.00	0.344 times
28 Thu Mar 2024	2971.70	2985.75	3011.90	2957.30	1.498 times
27 Wed Mar 2024	2985.70	2896.00	3000.00	2894.00	1.119 times
26 Tue Mar 2024	2883.15	2890.00	2904.80	2878.00	0.783 times
22 Fri Mar 2024	2910.05	2899.95	2920.00	2894.70	1.339 times
21 Thu Mar 2024	2901.95	2905.05	2915.80	2889.35	0.892 times
20 Wed Mar 2024	2887.50	2855.90	2890.00	2848.05	0.582 times
19 Tue Mar 2024	2850.50	2857.50	2875.20	2834.50	0.567 times
18 Mon Mar 2024	2878.95	2840.00	2883.45	2833.05	0.629 times
15 Fri Mar 2024	2836.45	2851.90	2866.45	2825.80	1.318 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 2987.7 as stoploss in an intra day sell trade for a target of 2931.62. However, stock will show a bullish move above 2987.7.

Share price targets for Reliance Industries (RELIANCE)

Target Type	Value
Downside Target	2377.60
Downside Target	2568.95
Downside Target	2825.80
Downside Target	2965.00
Upside Target	2978.00
Upside Target	2987.95
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	2960.38
Downside Intraday Target	2951.22
Upside Intraday Target	2983.33
Upside Intraday Target	2997.12
Upside Intraday Target	2974.17

Weekly technical analysis of Reliance Industries (RELIANCE)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Mon Apr 2024	2969.55	2984.95	2987.95	2965.00	0.101 times
28 Thu Mar 2024	2971.70	2890.00	3011.90	2878.00	0.848 times
22 Fri Mar 2024	2910.05	2840.00	2920.00	2833.05	0.812 times
15 Fri Mar 2024	2836.45	2978.00	2978.00	2825.80	2.166 times
07 Thu Mar 2024	2957.85	2980.95	3024.90	2951.10	0.524 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
01 Mon Apr 2024	2969.55	2984.95	2987.95	2965.00	0.022 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 to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

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

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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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

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

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

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 2910.69 and Reliance Industries (RELIANCE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.