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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 2024-09-30 View latest technical analysis

10 day averaged volume of Reliance Industries is 7015014

Date	Daily Closing Price	Open	High	Low	Volume
30 Mon Sep 2024	2953.15	3038.80	3049.95	2948.80	1.925 times
27 Fri Sep 2024	3052.35	2998.00	3066.95	2984.00	1.468 times
26 Thu Sep 2024	2995.90	2981.30	3008.00	2976.10	1.341 times
25 Wed Sep 2024	2987.90	2967.80	2993.00	2960.40	0.504 times
24 Tue Sep 2024	2978.75	2977.00	3001.00	2975.75	1.221 times
23 Mon Sep 2024	2986.75	2982.00	3003.00	2977.90	0.63 times
20 Fri Sep 2024	2971.85	2948.00	2990.00	2942.75	2.202 times
19 Thu Sep 2024	2939.35	2932.50	2953.00	2911.10	1.209 times
18 Wed Sep 2024	2926.90	2940.00	2964.00	2921.10	0.611 times
17 Tue Sep 2024	2944.60	2948.00	2954.95	2933.25	0.423 times

My analysis of stock is bearish for shortterm, and stock might move down till 2926.7 or till 2880.8. Use a stoploss of 2964.95 and if the stock hits stoploss, then it can shoot up till 3003.19

Share price targets for Reliance Industries (RELIANCE)

Target Type	Value
Downside Target	2718.60
Downside Target	2866.50
Upside Target	2984.45
Upside Target	2990.00
Upside Target	3049.95
Upside Target	3053.60
Upside Target	3066.95
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	2917.98
Downside Intraday Target	2882.82
Upside Intraday Target	3019.13
Upside Intraday Target	3085.12
Upside Intraday Target	2983.97

Weekly technical analysis of Reliance Industries (RELIANCE)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Mon Sep 2024	2953.15	3038.80	3049.95	2948.80	0.373 times
27 Fri Sep 2024	3052.35	2982.00	3066.95	2960.40	1.068 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

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
30 Mon Sep 2024	2953.15	3021.75	3066.95	2891.75	1.147 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 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 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 losing momentum.

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

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. Bulls are getting tired and bears are picking up momentum.

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 but SELL signal is weak.

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 2977.23 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 is giving positive 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.