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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 2024-09-26 View latest technical analysis

10 day averaged volume of Reliance Industries is 6597225

Date	Daily Closing Price	Open	High	Low	Volume
26 Thu Sep 2024	2995.90	2981.30	3008.00	2976.10	1.426 times
25 Wed Sep 2024	2987.90	2967.80	2993.00	2960.40	0.536 times
24 Tue Sep 2024	2978.75	2977.00	3001.00	2975.75	1.299 times
23 Mon Sep 2024	2986.75	2982.00	3003.00	2977.90	0.669 times
20 Fri Sep 2024	2971.85	2948.00	2990.00	2942.75	2.342 times
19 Thu Sep 2024	2939.35	2932.50	2953.00	2911.10	1.285 times
18 Wed Sep 2024	2926.90	2940.00	2964.00	2921.10	0.65 times
17 Tue Sep 2024	2944.60	2948.00	2954.95	2933.25	0.45 times
16 Mon Sep 2024	2942.70	2955.10	2961.80	2929.50	0.415 times
13 Fri Sep 2024	2945.25	2952.80	2966.30	2939.00	0.66 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 3005.3 as stoploss in an intra day sell trade for a target of 2967.26. However, stock will show a bullish move above 3005.3.

Share price targets for Reliance Industries (RELIANCE)

Target Type	Value
Downside Target	2718.60
Downside Target	2866.50
Downside Target	2986.00
Downside Target	2990.00
Upside Target	3008.00
Upside Target	3053.60
Upside Target	3079.45
Upside Target	3162.00
Upside Target	3217.60

Intraday share price targets for Reliance Industries (RELIANCE)

Target Type	Value
Downside Intraday Target	2968.2
Downside Intraday Target	2940.5
Upside Intraday Target	3015.8
Upside Intraday Target	3035.7
Downside Intraday Target	2988.1

Weekly technical analysis of Reliance Industries (RELIANCE)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Thu Sep 2024	2995.90	2982.00	3008.00	2960.40	0.764 times
20 Fri Sep 2024	2971.85	2955.10	2990.00	2911.10	1.12 times
13 Fri Sep 2024	2945.25	2933.00	2972.00	2891.75	0.868 times
06 Fri Sep 2024	2929.65	3021.75	3053.60	2923.25	0.667 times
30 Fri Aug 2024	3019.25	3013.95	3079.45	2986.00	2.106 times

Price has moved up 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
26 Thu Sep 2024	2995.90	3021.75	3053.60	2891.75	0.964 times
30 Fri Aug 2024	3019.25	3024.00	3079.45	2866.50	1.128 times
31 Wed Jul 2024	3010.85	3125.05	3217.60	2926.00	0.721 times
28 Fri Jun 2024	3130.80	2966.00	3162.00	2718.60	1.326 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 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 BUY. Signal strength is Weak 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 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 moving up

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

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

MRSI is in positive zone. This is a BUY 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 2966.6 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.