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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 2024-07-11 View latest technical analysis

10 day averaged volume of Reliance Industries is 6228291

Date	Daily Closing Price	Open	High	Low	Volume
11 Thu Jul 2024	3161.30	3175.00	3208.50	3141.00	0.959 times
10 Wed Jul 2024	3168.45	3190.00	3195.00	3126.30	0.573 times
09 Tue Jul 2024	3180.55	3195.20	3201.00	3161.00	0.559 times
08 Mon Jul 2024	3201.80	3178.00	3217.60	3165.05	0.763 times
05 Fri Jul 2024	3177.25	3107.65	3197.00	3096.00	0.985 times
04 Thu Jul 2024	3108.05	3114.00	3135.00	3101.60	0.549 times
03 Wed Jul 2024	3104.85	3132.65	3150.00	3085.55	0.726 times
02 Tue Jul 2024	3130.35	3139.00	3147.00	3114.00	0.622 times
01 Mon Jul 2024	3120.30	3125.05	3158.80	3111.35	0.62 times
28 Fri Jun 2024	3130.80	3062.05	3162.00	3062.05	2.325 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 3157.6, but if it comes below 3157.6, then a intra day sell could be more profitable.
If you take a sell trade below 3157.6, then use 3157.6 as stoploss and 3049.24 as target. However if you take a buy trade in stock , then use 3157.6 as stoploss and 3287.6 as target.

Share price targets for Reliance Industries (RELIANCE)

Target Type	Value
Downside Target	2718.60
Downside Target	2825.80
Downside Target	2975.00
Downside Target	3085.55
Downside Target	3126.30
Upside Target	3162.00
Upside Target	3197.00
Upside Target	3217.60

Intraday share price targets for Reliance Industries (RELIANCE)

Target Type	Value
Downside Intraday Target	3119.2
Downside Intraday Target	3077.1
Upside Intraday Target	3210.5
Upside Intraday Target	3259.7
Upside Intraday Target	3168.4

Weekly technical analysis of Reliance Industries (RELIANCE)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Thu Jul 2024	3161.30	3178.00	3217.60	3126.30	0.814 times
05 Fri Jul 2024	3177.25	3125.05	3197.00	3085.55	0.458 times
28 Fri Jun 2024	3130.80	2891.05	3162.00	2875.00	1.507 times
21 Fri Jun 2024	2908.40	2974.70	2975.00	2881.15	1.305 times
14 Fri Jun 2024	2955.10	2939.90	2986.70	2909.35	0.432 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
11 Thu Jul 2024	3161.30	3125.05	3217.60	3085.55	0.248 times
28 Fri Jun 2024	3130.80	2966.00	3162.00	2718.60	1.326 times
31 Fri May 2024	2860.80	2944.00	2984.45	2768.00	1.096 times
30 Tue Apr 2024	2934.00	2984.95	2988.00	2883.00	0.97 times

Scroll below to view daily charts

Price has moved up 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 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 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 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 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.

Reliance Industries Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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

CCI has generated a buy signal for Reliance Industries in short term and BUY signal is strong.

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

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 3146.97 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.